ruspy.simulation.simulation

This module contains the main function to manage the simulation process. To simulate a decision process in the model of John Rust’s 1987 paper, it is sufficient to import the function from this module and feed it with a init dictionary containing the relevant variables.

Functions

create_output_by_keyword(num_periods, ...)

create_standard_output(num_periods, ...)

read_init_dict(init_dict)

simulate(init_dict, ev_known, costs, trans_mat)

Simulating the decision process of Harold Zurcher.

warn_if_absorbing_state_reached(absorbing_state)