https://github.com/ozak/boundedconsumption

Programs for Consumption under Bounded Rationality
https://github.com/ozak/boundedconsumption

Last synced: 7 days ago
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Programs for Consumption under Bounded Rationality

• Host: GitHub
• URL: https://github.com/ozak/boundedconsumption
• Owner: ozak
• License: gpl-3.0
• Created: 2014-03-04T14:19:05.000Z (almost 11 years ago)
• Default Branch: master
• Last Pushed: 2015-05-15T18:31:33.000Z (over 9 years ago)
• Last Synced: 2025-01-05T20:37:14.221Z (20 days ago)
• Language: C
• Size: 12.3 MB
• Stars: 1
• Watchers: 2
• Forks: 2
• Open Issues: 0
• Metadata Files:
  • Readme: Readme.md
  • License: LICENSE.txt

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README

        
## [Optimal consumption under uncertainty, liquidity constraints, and bounded rationality](http://dx.doi.org/10.1016/j.jedc.2013.12.007)

by

### [Ömer Özak](http://omerozak.com)

The working paper version is available at 

=============

Here you can find the Python scripts used to generate the simulations in my paper. They can be modified to generate the simulations of my paper with Peter Howitt "[Adaptive Consumption Behavior](http://dx.doi.org/10.1016/j.jedc.2013.11.003)" or to simulate consumption behavior in large scale Agent-Based Macroeconomics models.

Scripts are included in the scripts directory. In order to generate the graphs you need to run:

1. OptConsHO.py

2. OptConsIID.py

2. LearnHO.py

3. LearnHOT.py

4. LearnIID.py

5. LearnIIDT.py

The data.zip file contains all the generated data and figures in case you want to check them out.