Microeconomics Seminar :  Time: 2:15pm - 3:30pm Date:  23th June 2021 Room: VISIO Thomas Mariotti (TSE) - "Investment Timing and Technological Breakthroughs" Abstract: We study the optimal investment policy of a firm facing both technological and cash-flow uncertainty. At any point in time, the firm can decide to invest in a stand-alone technology or to wait […]