On Whether To Prefer Pain to Pass

Ethics 121 (3):521-537 (2011)
Abstract
Most of us are “time-biased” in preferring pains to be past rather than future and pleasures to be future rather than past. However, it turns out that if you are risk averse and time-biased, then you can be turned into a “pain pump”—in order to insure yourself against misfortune, you will take a series of pills which leaves you with more pain and better off in no respect. Since this vulnerability seems rationally impermissible, while time-bias and risk aversion seem rationally permissible, we are left with a puzzle.
Keywords Time  Rationality  Welfare
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Caspar Hare (2008). A Puzzle About Other-Directed Time-Bias. Australasian Journal of Philosophy 86 (2):269 – 277.
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Michael J. Raven (2011). Can Time Pass at the Rate of 1 Second Per Second? Australasian Journal of Philosophy 89 (3):459 - 465.
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