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Published online by Cambridge University Press: 25 October 2005
Hyperbolic theories have the fatal flaw that because of their vertical asymptote they predict irresistible choice of immediate rewards, regardless of future contingencies. They work only for simple situations. Theories incorporating intermediate unconscious choices are more flexible, but are neither exponential nor hyperbolic in their predictions. They don't solve the free will paradox, which may be just a consistent illusion.