This web page supplies the computer programs and data for the paper
"Consumption Paths under Prospect Utility in an Optimal Growth Model"
by Reto Foellmi, Rina Rosenblatt-Wisch and Klaus Reiner Schenk-Hoppé
August 29, 2010
MATLAB scripts and C files
The programs and data files are supplied as zipped archive. The output data files with the approximations of the value functions are enclosed. You will need a C compiler to (re)run the numerical approximation of the value function. You require MATLAB or OCTAVE to run the optimal consumption path simulations using the supplied data files. It is recommended to first read the README.txt file (and the article) before running the simulations.
README file and zipped archive for download.
README.txt
prospect.zip