Admittedly, this is a bit of a contrarian take on discount functions, but hyperbolic discounting is more rational than economists or EAs think once we introduce uncertainty. I’ll provide links here for my contrarian take:
https://www.lesswrong.com/posts/tH8bBKCvfdjBKMDqt/link-hyperbolic-discounting-is-rational
http://physicsoffinance.blogspot.com/2011/07/discountingdetails.html?m=1
Admittedly, this is a bit of a contrarian take on discount functions, but hyperbolic discounting is more rational than economists or EAs think once we introduce uncertainty. I’ll provide links here for my contrarian take:
https://www.lesswrong.com/posts/tH8bBKCvfdjBKMDqt/link-hyperbolic-discounting-is-rational
http://physicsoffinance.blogspot.com/2011/07/discountingdetails.html?m=1