dc.creatorFlorig, Michael
dc.creatorRivera Cayupi, Jorge
dc.date.accessioned2016-06-17T19:46:56Z
dc.date.accessioned2019-04-26T00:51:18Z
dc.date.available2016-06-17T19:46:56Z
dc.date.available2019-04-26T00:51:18Z
dc.date.created2016-06-17T19:46:56Z
dc.date.issued2015-05
dc.identifierhttp://repositorio.uchile.cl/handle/2250/138969
dc.identifier.urihttp://repositorioslatinoamericanos.uchile.cl/handle/2250/2443056
dc.description.abstractWe 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 discrete economy, called rationing equilibrium, converges to a Walras equilibrium of the limit economy when the level of indivisibility becomes small. If the survival assumption does not hold at the limit economy, then the rationing equilibrium converges to a hierarchic equilibrium
dc.languageen
dc.publisherUniversidad de Chile, Facultad de Economía y Negocios
dc.relationSerie de documentos de trabajo; 404
dc.rightshttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 Chile
dc.subjectCompetitive equilibrium
dc.subjectIndivisible goods
dc.subjectConvergence
dc.titleWalrasian equilibrium as limit of a competitive equilibrium without divisible goods
dc.typeDocumentos de trabajo


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