Self-Torturers without Diminishing Marginal Value

My last post mentioned in passing that the puzzle of the self-torturer may be complicated by the fact that money has diminishing marginal value.  This can mean that a few increments (of
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My last post mentioned in passing that the puzzle of the self-torturer may be complicated by the fact that money has diminishing marginal value.  This can mean that a few increments (of pain for $$) may be worth taking even if a larger number of such increments, on average, are not.  So to make the underlying issues clearer, let us consider a case that does not involve money.Suppose ST is equipped with a self-torturing device that functions as follows.  Once per day, he may (permanently) increase the dial by one notch, which will have two effects: (i) marginally increasing the level of chronic pain he feels for the rest of his life, and (ii) giving an immediate (but temporary) boost of euphoric pleasure.  Before it is permanently attached, ST is allowed to play around with the dials to become informed about what it is like at various levels.  He realizes that after 1000 increments, the burst of pleasure is fully cancelled out by the heightened level of. . .

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News source: Philosophy, et cetera

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