Time-biases and Rationality: The Philosophical Perspectives on Empirical Research about Time Preferences

In Jerzy Stelmach, Bartosz Brożek & Łukasz Kurek (eds.), The Emergence of Normative Orders. Copernicus Press. pp. 149-187 (2016)
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The empirically documented fact is that people’s preferences are time -biased. The main aim of this paper is to analyse in which sense do time -biases violate the requirements of rationality, as many authors assume. I will demonstrate that contrary to many influential views in psychology, economy and philosophy it is very difficult to find why the bias toward the near violates the requirements rationality. I will also show why the bias toward the future violates the requirements of rationality in a very basic sense.
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