I thought the discussion of present bias was very interesting. It is cool to see how we can quantify and predict decisions a person makes based on a relative assessment of the impact of an action. For instance: humans naturally weigh present events more heavily than future events. This means that if someone has the choice to do homework today or in the future, they will feel that doing that same work in the future will carry less psychological weight. Laibson talks about how this problem of present bias can cause us to push off important events almost indefinitely and how although people may hope to do something in the future, they are often unable to accomplish these goals.
I would ask what are some concrete steps to address present bias. This would allow me to better treat present bias in my own life and better work towards my goals. Also, I would like to ask if present bias could be beneficial in certain circumstances.