India’s relations with countries of East Asia reveal its growing profile in the region in economic, technological, diplomatic, political and military spheres. India’s Look East policy, initiated in 1992, is bearing fruit now, as seen in the region becoming the largest trading...

This Paper considers the efficiency and convergence properties of dynamic processes of social and economic interactions, such as exchange economies, multilateral negotiations, merger and divestiture transactions, or legislative bargaining. The key general feature of the economy is that agents...