Also, I don’t see how that example is ‘hyperbolic’.
Agree. Not hyperbolic.
Assuming, in Paul Crowley’s example, that there is a constant rate of failure (conditional on not having already failed), this yields well-behaved exponential discounting, which is relatively paradox-free.
Agree. Not hyperbolic.
Assuming, in Paul Crowley’s example, that there is a constant rate of failure (conditional on not having already failed), this yields well-behaved exponential discounting, which is relatively paradox-free.