This repository contains Matlab code that computes Markov perfect policies (time-consistent policies) and steady states in non-recursive/dynamically inconsistent models (models where discounting is not geometric/exponential). Both the State Space Recursion and modified CMA-ES algorithms in the associated paper are fully implemented.
matlab computational-economics cma-es computational-algorithms dynamic-inconsistency time-inconsistency non-recursive-preferences state-space-recursion
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Updated
Jun 12, 2026 - MATLAB