function [info, oo_, options_] = discretionary_policy(M_, options_, oo_, var_list)

% Copyright (C) 2007-2019 Dynare Team
%
% This file is part of Dynare.
%
% Dynare is free software: you can redistribute it and/or modify
% it under the terms of the GNU General Public License as published by
% the Free Software Foundation, either version 3 of the License, or
% (at your option) any later version.
%
% Dynare is distributed in the hope that it will be useful,
% but WITHOUT ANY WARRANTY; without even the implied warranty of
% MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
% GNU General Public License for more details.
%
% You should have received a copy of the GNU General Public License
% along with Dynare.  If not, see <http://www.gnu.org/licenses/>.

if options_.loglinear
    % Ensure it's ok to ignore options_ returned from stoch_simul. #1197
    error('discretionary_policy is not compatible with `loglinear` option set to 1')
end

origorder = options_.order;
options_.discretionary_policy = 1;
options_.order = 1;
[info, oo_] = stoch_simul(M_, options_, oo_, var_list);

if ~options_.noprint
    disp_steady_state(M_,oo_)
    for i=M_.orig_endo_nbr:M_.endo_nbr
        if strmatch('mult_', M_.endo_names{i})
            fprintf('%s \t\t %g\n', M_.endo_names{i}, oo_.dr.ys(i));
        end
    end
end

oo_.planner_objective_value = evaluate_planner_objective(M_,options_,oo_);

options_.order = origorder;