Volume 22, 2008
Philosophy of Economics
Craig Hanson
Pages 71-78
Hyperbolic Discounting, Selfhood and Irrationality
I argue that George Ainslie’s model of Hyperbolic Discounting fails to yield strict akratic action. But it does yield a deflated view. Furthermore, by understanding the nature of a hyperbolically discounting self, we can also offer a deflated view of self-deception, according to which self-deception is motivated error by hyperbolic discounters who desire to view themselves as rational.