CLA Gosnell Lecture Series
College of Liberal Arts
Gosnell Lecture Series
Dr. Graham Davis
Faculty Fellow, Payne Institute for Public Policy
Professor Emeritus of Mineral Economics
Division of Economics and Business
Colorado School of Mines
Thursday, February 25
By Zoom: See Below
Time: 3:00 PM
“Real Options in the Real World: Dithering as Optimal Information Gathering”
The theory of real options was developed in the late 1980s to explain why companies wait until project net present value is significantly positive before investing. The insights gained also explain why we as individuals dither before making important irreversible decisions. This lecture will highlight how dithering leads to better decisions, with examples from romance to major furniture purchases.
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When and Where
Open to the Public