The Young Academics on Real Options (YARO) group is proud to announce the

1st YARO Workshop

on 2-3 March 2017 in Leipzig/Germany

The YARO workshop is a 2 day event and provides an opportunity for PhD students, post-doctoral researchers and other young academics to share their research and debate approaches as well as network with like-minded fellow researchers.

We welcome real options papers from any field, e.g., competition and strategy, R&D, entrepreneurship and innovation, new product development, capabilities, infrastructure and network investments, valuation of natural resources, commodities and power investments, growth options, corporate valuation and IPOs, investments involving learning, agency issues and incentives, environmental protection and public policy.

About the workshop format

1. Presentation

Each participant is offered up to 30 minutes to present her/his paper in depth.

2. Discussion

Each presented paper is summarized for up to 10 minutes by a discussant raising questions and giving advice, followed by a 5 minutes Q&A between the audience and the presenter.

3. Exchange

The YARO workshop offers a lot of room around the workshop sessions to exchange research ideas and potentially create new topics and alliances.

Call For Papers

All PhD students, post-doctoral researchers and other young academics working in the field of real options are invited to submit a working paper or extended abstract. Topics that are particularly suitable for the YARO workshop include, but are not limited to, the following:

  • Competition and Strategy
  • R&D, Entrepreneurship and Innovation
  • New Product Development, Capabilities, Infrastructure and Network Investments
  • Valuation of natural resources
  • Commodities and Power Investments
  • Growth Options and Investments involving learning
  • Corporate Finance
  • Agency Issues and Incentives
  • Environmental Protection and Public Policy

Papers should be submitted by 30 November 2016 via the SUBMIT PAPER button below. Please provide a PDF-File of your paper or extended abstract, your full name, your university, your post address, and your email. Delegates will be selected to present based on the scope of their work and their stage of PhD or Postdoctoral research.

Important Dates
  • 30 Nov 2016

    Deadline for Paper Submission

  • 01 Jan 2017

    Notification of Acceptance

  • 01 Feb 2017

    Deadline for Workshop Registration

  • 02-03 Mar 2017

    1st YARO Workshop in Leipzig/Germany

Workshop Venue

The 2017 edition of the workshop is held on 2-3 March 2017 and takes place in Leipzig, Germany at HHL Leipzig Graduate School of Management. HHL is Germany's oldest business school, founded in 1898. It is a private university focusing on graduate and post-graduate education. Today approximately 650 students are enrolled at HHL and since its reestablishment in 1992, after the end of the GDR, roughly 2000 students graduated at the university.

With a history going back almost 1,000 years, Leipzig has earned more than a few claims to fame – as a city of music, of commerce, of heroes, as the site of the Peaceful Revolution, as Little Paris, Athens on the River Pleisse, and the Venice of the North. In recent years this Saxon metropolis has become Germany’s fastest growing city approaching the number of 600,000 inhabitants. It is a center for culture serving music connoisseurs as well as art lovers. Beyond that, Leipzig offers a thriving coffee house culture and traditional pubs, a plenty of shops in the intricate network of historical passageways and arcades, and a host of highly attractive leisure and recreational activities, not to mention a vibrant and diverse night life.


We have made arrangements with three hotels of different categories that hopefully suits all participants' travel budgets. All three hotels are located directly in the city center of Leipzig, just a few metres away from each other.

We reserved single rooms and you can choose between an option with and without breakfast. To make a reservation, please contact the hotels directly via email or phone and refer to the booking reference "real options" (same for all three hotels). The three hotels also offer good rates for double rooms.

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w/o breakfast: EUR 45.00 p.n.
w/ breakfast: EUR 52.50 p.n.

Phone: +49 341 21860

Link to website

Sleep well thanks to a dream price:
  • 200 metres to main train station with direct connections to Leipzig Halle Airport
  • 168 modern rooms with exceptionally comfy beds
  • Free Wifi
…and much more…
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w/o breakfast: EUR 59.00 p.n.
w/ breakfast: EUR 70.00 p.n.

Phone: +49 341 21860

Link to website

New comfort in the heart of the tradition rich trade fair city:
  • 200 metres to main train station with direct connections to Leipzig Halle Airport.
  • Air conditioned rooms with soundproofing and extra comfortable Sweet Bed by ibis beds
  • Free WIFI
…and much more…
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w/o breakfast: EUR 71.00 p.n.
w/ breakfast: EUR 80.50 p.n.

Phone: +49 341 21203 100

Link to website

Strong tones & elegant design in the best location in Leipzig:
  • Best location downtown Leipzig
  • Each room is equipped with individually controlled air conditioning, Smart TV, a private hot spot and a home entertainment center
  • Free Wifi
…and much more…

Get Directions

The HHL campus is located at Jahnallee 59, 04109 Leipzig and is close to the city center. It can be reached via tram lines 3, 7, 8 and 15 from Leipzig main station ("Hauptbahnhof") in 5 minutes. The tram station directly in front of the HHL main building is called Sportforum.

The three recommended hotels are located in the city center, only 200 metres away from each other. The next tram station for the hotels ibis and ibis budget is main station ("Hauptbahnhof", 5 minutes by foot). For Arthotel Ana Symphonie it is the tram station "Goerdelerring" (just 1 minute by foot).

Workshop Program

We are proud to announce that Kuno Huisman, Associate Professor at Tilburg School of Economics and Management, is going to deliver the Keynote Speech of the 1st YARO Workshop.

The current schedule is preliminary. Once paper submission has closed and registration has started, we will publish the detailed program including papers and presenters in this section.

About us

The Young Academics in Real Options group is an initiative by Maximilian Schreiter and Nick Huberts. The group intends to provide a platform for academics in their early career to build a network and to offer a sounding board. During our annual workshop young academics have the opportunity to intensively discuss their current research and debate upon new ideas. Maximilian and Nick are PhD candidates at the HHL Leipzig and Tilburg University respectively.

Organization Committee

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Maximilian Schreiter

PhD Candidate

HHL Leipzig Graduate School of Management
Chair of Financial Management
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Nick Huberts

PhD Candidate

Tilburg School of Economics and Management
Department of Econometrics and Operations Research

Scientific Committee

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Kuno Huisman

Associate Professor

Tilburg School of Economics and Management
Department of Econometrics and Operations Research
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Verena Hagspiel

Associate Professor

Norwegian University of Science and Technology (NTNU)
Department of Industrial Economics and Technology Management