ruspy
is an open-source package for the simulation and estimation of a prototypical
infinite-horizon dynamic discrete choice model based on
Rust, J. (1987). Optimal replacement of GMC bus engines: An empirical model of Harold Zurcher. Econometrica, 55 (5), 999-1033.
You can install ruspy
via conda with
$ conda config --add channels conda-forge
$ conda install -c opensourceeconomics ruspy
Please visit our online documentation for tutorials and other information.
If you use ruspy for your research, do not forget to cite it with
@Unpublished{ruspy.2020,
Author = {{ruspy}},
Title = {An open-source package for the simulation and estimation of a prototypical infinite-horizon dynamic discrete choice model based on Rust (1987)},
Year = {2020},
URL = {https://github.com/OpenSourceEconomics/ruspy/releases/v1.1},
}