 Even if he does not serve as a money pump, an agent with intransitive preferences can get into a great deal of trouble. To see this, consider Warren Quinn’s “puzzle of the self-torturer” (1993): Suppose someone—who, for reasons that will become apparent, Quinn calls the self-torturer—has a special electric device attached to him. The device has 1001 settings: 0, 1, 2, 3, …, 1000 and works as follows: moving up a setting raises, by a tiny increment, the amount of electric current applied to the self-torturer’s body. The increments in current are so small that the self-torturer cannot tell the difference between adjacent settings. He can, however, tell the difference between settings that are far apart. And, in fact, there are settings at which the self-torturer would experience excruciating pain. Once a week, the self-torturer can compare all the different settings. He must then go back to the setting he was at and decide if he wants to move up a setting. If he does so, he gets $10,000, but he can never permanently return to a lower setting. Like most of us, the self-torturer would like to increase his fortune but also cares about feeling well. Since the self-torturer cannot feel any difference in comfort between adjacent settings but gets $10,000 at each advance, he prefers, for any two consecutive settings s and s+1, stopping at s+1 to stopping at s. But, since he does not want to live in excruciating pain, even for a great fortune, he also prefers stopping at a low setting, such as 0, over stopping at a high setting, such as 1000.