Elsewhere in this thread, you have criticised hyperbolic discounting for being ‘irrational’, by which I presume you mean the fact that is inconsistent under reflection, while exponentials are not.
Not really—this is the problem.
We are referring to the same fact. Reflective inconsistency is a trivial consequence of dynamic inconsistency.
Not really—this is the problem.
We are referring to the same fact. Reflective inconsistency is a trivial consequence of dynamic inconsistency.