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)
Tomasz Zuradzki
Jagiellonian University
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.
Keywords time-biases  rationality  discounting
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Reasons and Persons.Derek Parfit - 1984 - Oxford University Press.
The Methods of Ethics.Henry Sidgwick - 1874 - Thoemmes Press.
The Theory of Moral Sentiments.Adam Smith - 1759 - Dover Publications.
Internal and External Reasons.Bernard Williams - 1979 - In Ross Harrison (ed.), Rational Action. Cambridge University Press. pp. 101-113.

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