1. Is the human brain just a matter of scale? For a while now, I’ve thought that whales might be smarter than we are. And how do sperm whales talk to each other? 2. North Korean missile silo developments. 3. Gavin Leech surveys the “insane” who have blogged a lot and for a long time. […]
The post Tuesday assorted links appeared first on Marginal REVOLUTION.
Here’s an interesting idea it wouldn’t have occured to me to ask. What is the length of time described in the average 250 words of narration and how has this changed over time? Most famously James Joyce’s “Ulysses” is a long novel about single day with many pages describing brief experiences in minute detail. In […]
The post Time Passages appeared first on Marginal REVOLUTION.
We provide experimental evidence that core intertemporal choice anomalies — including extreme short-run impatience, structural estimates of present bias, hyperbolicity and transitivity violations — are driven by complexity rather than time or risk preferences. First, all anomalies also arise in structurally similar atemporal decision problems involving valuation of iteratively discounted (but immediately paid) rewards. These […]
The post Complexity and time appeared first on Marginal REVOLUTION.