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HARK.rewards give positive utility to negative consumption

Open sbenthall opened this issue 1 year ago • 3 comments

The current implementation of CRRA utility and its derived methods give positive utility for negative consumption:

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While negative consumption cases are normally excluded by constraints in other parts of the library, this might throw off results in some cases.

sbenthall avatar May 23 '23 15:05 sbenthall