Frequency: Quarterly E- ISSN: 2231-2617 P- ISSN: Abstracted/ Indexed in: Ulrich's International Periodical Directory, Google Scholar, SCIRUS, Genamics, JournalSeek, Journal Directory, EconBiz, getCITED, EBSCO Information Services
Quarterly published in print and online "Inventi Rapid: Emerging Economies" publishes high quality unpublished as well as high impact pre-published research and reviews catering to the needs of researchers and professionals. The intent of this journal is to focus on high impact empirical and theoretical studies in emerging markets. Preference is given to comparative studies that take global and regional perspectives, detailed single country studies that address critical policy issues and have significant global and regional implications, and papers that address the interactions of national and international financial architecture. Papers putting institutional as well as financial perspectives are especially welcome.
Nash equilibrium in economic theory was one of the landmark discoveries in the modern economics. The significance that in any market, the game theory has at least one equilibrium segment considering the various factors, governing the outcome of any oligopoly market and auctions etc. However, in today’s age of globalized markets, there exists various equilibrium sets in the markets and not one equilibrium set will define the outcome and help in strategic decision making in the market. Hence this letter to editor has been written to understand the dynamics of modern markets while going beyond the Nash’s equilibrium game theory in order to make better and highly strategic decisions developing profitable markets....
Nash’s equilibrium remains a cardinal analytical tool in modern economic science, providing a mathematically grounded framework to decode competitive interactions, strategic behavior, uncertainty and interdependent decision-making. This review presents a rigorous and technically refined evaluation of Nash’s equilibrium and its theoretical expansions, methodological foundations, limitations and contemporary empirical significance. Particular emphasis is placed on strategic market structures, oligopolistic competition, digital platform economies, algorithmic pricing, global trade dynamics and policy formulations in emerging economies. The article synthesizes a diverse corpus of theoretical models and empirical findings to appraise how Nash’s equilibrium has evolved from a theoretical construct to a ubiquitous analytical paradigm in decision sciences. Furthermore, critiques regarding equilibrium multiplicity, non-cooperative rigidity, computational complexity and behavioral deviations are examined in depth. The review concludes by outlining prospective research directions centred on algorithmic game theory, behavioral refinements, AI-governed markets and systemic interactions within complex adaptive economies....
Advancement in the field of technology and knowledge has led to the rapid growth of innovation, internet and digitalization. Digitalization is the new buzz word in this globalized era, where there is specification, standardization and introduction of new products. Digitalization has led to the emergence of new economy which is called as internet economy. The term digital economy was first coined by Don Tapscott in his book ‘Digital Economy: Promise and Peril in the Age of Networked Intelligence’ published in 1995. Digital economy or internet economy means economic value derived from the internet, in other words, moving to a cashless economy. In this context, the present study is to understand the benefits and components of digital economy, how the process of digitalization helps various business organizations in using digital technologies as a competitive advantage in its internal and external operations. Digital technology refers to the use of electronic transmission or technology that generates, stores and processes data. It relates to introducing new business models such as the digital pyramid with its structured layers that includes execution, go to market approach, product and customer....
Gold is the most precious metal and has a universal value. People have an affinity towards gold since times immemorial. Before the introduction of paper currency, the international trade transactions were carried on the basis of gold circulation. Countries were considered rich that had surplus gold reserves; even today gold happens to be the most determinant in economic growth and international monetary system. India is one of the top ten countries in the world for hoarding gold and also the third largest consumer of gold. Gold imports have been one of the major reasons for rising import bill and a persistent deficit in the current account trade balance. The present study is undertaken to understand the efforts of the Government of India to reduce gold imports for which it has introduced three schemes for monetizing gold and thereby try to reduce the current account deficit. Though the schemes seem to be effective, the study reveals that these schemes have not been so popular or successful in bringing the idle gold for monetization because of the emotional attachment of the people towards possessing gold....
The prediction of stock market price movement is important for business and academia both. Stock market price movement depends on many factors. The affecting factors are election, demand of stock, natural disasters, incidents, economy of particular country. The prediction is based on information of the affecting factor and technical methods such as moving average, artificial neural network etc. News is one of the most significant factors impacting people’s reaction in the stock market. We performed detailed literature survey and proposed new approach for predict stock market price movement....
Modern economics has entered an era of profound conceptual, methodological and structural transformation driven by globalisation, digitalisation, climate change, demographic shifts and the steady integration of behavioural and computational sciences. This review synthesises these developments and critically evaluates the reshaping of macroeconomic, microeconomic, development, behavioural and ecological paradigms. By analysing the evolution of economic thought from post-war orthodoxy to 21st-century multi-disciplinary frameworks, the review highlights the inadequacy of conventional equilibrium-based models in capturing real-world complexity. It further explores how data-driven research design, machine learning, financial innovation, geopolitical turbulence and sustainability imperatives are influencing the discipline’s trajectory. The paper concludes that modern economics is progressing toward a pluralistic, adaptive and empirically grounded discipline, better equipped to manage uncertainty, inequality, technological disruption and planetary limits....
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