The paper is the RatInattPlus.pdf file in this directory. The other pdf file is a set of slides from a talk at Princeton based on that paper.

The **R** files are those used to solve the paper's two-period saving problem. You can use them to experiment with other utility functions U, other distributions g of wealth, or different discretizations from those used in the paper.

- screpD:
- Calculates the objective function (expected utility minus lambda times mutual information between W and C) for a given f(c,w) joint pdf. Returns a list with much useful information.
- screpDCS
- Calls screpD, then strips everything from the list except function value, reverses the sign on that, and returns it. This is the kind of function csminwel.R expects.
- makeGraphs
- computes p(w|c) and p(c), makes grey-shaded contour graphs of p(w|c), p(c|w), and joint pdf f(c,w) and a line graph of p(c). Conditional distribution charts may need to be cleaned up to get rid of garbage corresponding to zero-probability conditioning values. The p(c) charts in the paper were done with lty="h", lwd=10, which are not implemented in this program.

Name | Last modified | Size | Description | |
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Parent Directory | - | |||

DiscreteTracking2PropX2.pdf | 2015-08-27 21:16 | 372K | ||

HEADER.html | 2010-11-18 17:02 | 1.7K | ||

Princeton306Slides.pdf | 2010-11-18 17:02 | 205K | ||

RatInattPlus.pdf | 2010-11-18 17:02 | 247K | ||

makeGraphs.R | 2010-11-18 17:02 | 1.4K | ||

screpD.R | 2010-11-18 17:02 | 1.9K | ||

screpDCS.R | 2010-11-18 17:02 | 181 | ||