>Time inconsistency refers to the tendency of the human brain to value immediate rewards more highly than future rewards. To me it seems this sort of reasoning

>Time inconsistency refers to the tendency of the human brain to value immediate rewards more highly than future rewards. To me it seems this sort of reasoning suffers from the homuncular fallacy. Who is placing value on the rewards: are some rewards 'rewarded' more highly than others? What about those rewards, etc. >When you make plans for yourself — like setting a goal to lose weight or write a book or learn a language — you are actually making plans for your future self. Yes, you're making a prediction on the basis of imperfect self-knowledge. And that's before even considering creativity, which by definition is unpredictable. So for example booking a plane flight is one thing and writing a novel is another. It isn't merely a matter of blinkered self-control: one has to be distractable to go in new directions.