person on deathbed: I should have lived more in the present moment my whole life... you: Ok but high time preference is only a good strategy if your future is very short or very bleak
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I think maybe you're compressing a continuous range of discount rates into two categories, and placing the cut-off precisely where "short" = "maladaptive", but low time preference can be maladaptive too. Like anyone who lets strawberries mold in the fridge is not consuming enough
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maybe we're using words differently? time preference = discount time horizon = n steps to look ahead (or λ in TD(λ)) if you're only looking ahead 10 steps (and it's feasible to look ahead more) when you know you're def gonna live > 1000 steps, your time horizon is too low
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