This paper presents the results of experiments carried out in two countries, Germany and Bulgaria, and for different allocation rules (first vs. second price auction vs. fair division game). The data analysis of the sealed-bid, private value-contests compares the bid function in both countries,...

Economic developments in South European countries raise questions about the sustainability of fiscal policy. We aim to study the attitudes of young people in Bulgaria towards prudent economic policy and we use the word-associations as a tool for this goal. To our knowledge, this is a pioneer...

Study investigates means for achieving consolidation in the water supply sector in Bulgaria - voluntary and obligatory. The results indicate that the most powerful tool for achieving voluntary consolidation is the perspective of receiving EU funds