The recent pressure on public finances in Bulgaria has exposed the need for a performance-based system of public funding for higher education. This article estimates the relative technical and cost efficiency of Bulgarian universities and explores the correlation between public funding and...

Countries in Central and Eastern Europe (CEE) still exhibit lower income levels than the European Union (EU) average. This paper examines convergence in per-capita GDP between CEE and the EU over the period 1990-2012 using parametric and nonparametric methods. The results indicate initial...

To minimize the possibility of experiencing regret over the outcome of a decision, people take into account their anticipated regret when evaluating their options before making the decision. The present study examined the accuracy of regret anticipation in the context of gambling behaviour....