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    • Walrasian equilibrium as limit of a competitive equilibrium without divisible goods 

      Florig, Michael; Rivera Cayupi, Jorge (Universidad de Chile, Facultad de Economía y Negocios, 2015-05)
      We study economies where all commodities are indivisible at the individual level, but perfectly divisible at the aggregate level of the economy. Under the survival assumption, we show that a competitive outcome in the ...