hyperbolic discounting

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To gym, or not to gym

It is no startling revelation that people of the modern age are larger than their counterparts from only a few decades ago, and I’m not talking vertically. Cutely chubby, big-boned, and pleasantly plump – there is certainly no shortage of terms we use to describe the surge of our waist sizes and pot bellies.

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Past-me, Me, Future-me

The term time inconsistency is used to describe a situation where one’s ‘optimal’ decision depends on ‘when’ he/she makes the decision and the preferred decision at each point in time is different to what you thought you would prefer in the past.  In other words, there is (was or will be?) disagreement between the past-me, me, and future me.

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