RED  (published in Volume 12, Issue 4, 2009)

Title: Model Uncertainty and Liquidity

Bryan R. Routledge and Stanley Zin

** the matlab files *.m produce the plots of the dynamic example in
   the paper.  Begin with "Main.m" and this solves the (very simple)
   value function itteration.  The main parameters are in Parm.m
   (using same notation as in the paper).  The option "ploton" in
   Main.m can be used to create the utility plots seen in our figures
   (a simple plot of utility under different odds with the Knight
   utility as the lower envelope)

   questions to: routledge@cmu.edu