Re: Market failure to sufficently weigh the future

From: Robin Hanson (
Date: Tue Oct 31 2000 - 18:53:01 MST

Great comments Nick! One nit though:

> 4. Preferences of future and past people count for as much as current
> preferences of existing people.

Actually, the paper allows for any weighting across past vs future selves,and
shows that almost all such weightings imply a longer social horizon
than private horizon.

> A. Yet another consequence is that if you want the social planner to give
> you what you want, you may create lots of individuals who have as their
> main preference in life that your preferences be satisfied.

Once you get into creating new creatures, things get very complicated
indeed,even ignoring issues of time preference.

This archive was generated by hypermail 2b30 : Mon May 28 2001 - 09:50:19 MDT