The paper discusses the possibilities for establishing a system for independent comparative tests of products on a national level with the participation of stakeholders in the provision of consumer information. The method of “in-depth interview” was used for the purposes of the survey....

Third party certification provides assurance to consumers that the information supplied by firms is correct. Consumers may question the validity of the information provided by firms, particularly for credence goods. Third party certification provides consumers with an objective evaluation of the...

The food industry has been seen as one of the most successful sectors in Bulgaria with potential to growth. At the same time agriculture and food industry have had large negative effect on the environment. For reduction of the potential harmful environmental impact caused by agricultural and...

The paper analyzed the limited number of studies related to the administration through total quality (TQM) in Bulgarian organizations. The possibilities to make these models by Japanese quality prize “Bosei”, established in cooperation with the Japan International Cooperation Agency and...

Surveys on consumer attitudes and perceptions to sustainable consumption are very scarce in Bulgaria. The main reason for this is the limited examples of sustainable consumption which are narrowed predominantly to the purchase of goods (foodstuffs) with eco-labelling, electric devices with a...

Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this hypothesis in a canonical buyer-seller relationship with renegotiation. Our paper provides causal experimental evidence that an initial contract has a highly significant and...

We present an international trade model with multiproduct firms. Firms are heterogeneously endowed with two types of capabilities that jointly determine the trade-off within firms between managing a large portfolio of products and producing at low marginal cost. The model can explain many of the...