Saturday, June 27, 2009

Frederick on Time Discounting

Have the Frederick lecture on in the background as I am working here. Given the interest of people who read this blog, I think it deserves to be bumped up. I particularly like the idea of what would happen if drinking gave you an immediate hangover but made you feel great in the morning!

1 comment:

Kevin Denny said...

An interesting thought experiment. I wonder has any drug supplier (whether legal or otherwise) thought of this? Presumably what would happen is..drinking would be like studying: high discount types would have lower values?