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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Replying to @gracecondition
If you body and environment heal quickly, you can damage them often for fun and profit.
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Replying to @preinfarction @gracecondition
You can pick crops more and tend them less in fertile areas. You can behave worse with peers if they're more forgiving or forgetful. You can pull more all-nighters when you're young. Shorter time horizons in decision making are adaptive, if not moral, in some non-tragic contexts.
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Replying to @preinfarction
i don't think any of those examples require a shorter time horizon a short time horizon would be picking more crops than is sustainable. or picking only the crops you need now and not picking any for the coming winter
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Replying to @gracecondition
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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Or, um, a person who can be too patient if they keep waiting for a better idea before tweeting, and then they rarely post and they don't really participate in the culture and they lose out because of that. No?
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