Data for: Sovereign default: The role of expectations

This folder contains three MATLAB codes that generate the figures in the paper: (1) normal.m - generates the graphs for the normal distribution. Figures 1, 2, 3, and 6 in the paper. (2) bimodal.m - generates the graphs for the bimodal distribution. Figures 4 and 5 in the paper. (3) util.m - auxiliary function that computes expected utility. It is used by normal.m and bimodal.m.