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File: value.f
File size: 8.6KB
Description of data:
This file contains Fortran code for the simulation program
referred to in footnote 13 of the paper. It can be compiled
using F77 or F90 compilers (or others), and requires the NAG
sub-routines library. For example,
f77 –o Value –g Value.f -lnag
would put the compiled version in the file “Value”
File: value
File size: 39.2KB
Description of data:
This file contains the compiled version of Value.f using
the f77 compiler.
File: in.dat
File size: 0.4KB
Description of data:
This file contains parameter values.
This is read at run time.
File: out.dat
File size: 1.5KB
Description of data:
This file gives the output actually produced by a run using
the data from file “in”.
Purpose of the simulation
The results in the paper are derived from smooth pasting conditions
– these are akin to first order conditions in static
optimisation. The program can be used to verify (for particular
parameter sets) that the results in the paper do indeed correspond
to value maximising solutions. The details of how this is
done is described in the preamble at the top of the file value.f.
Running the program
Obviously this requires access to Fortran compilers and the
NAG library. Most University campuses support this. Running
on a Unix system for example, once both “Value”
and “in” are in the same directory, simply going
to that directory and typing Value will run the program (assuming
f77 is supported – if it is not, the Value.f program
will need to be compiled using a supported compiler). The
values used for parameters in file “in” can of course
be varied.
Download data now
value.f
(8.6kb)
valuezip.zip
(12.3kb)
in.dat (0.4kb)
out.dat
(1.5kb)
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