Baeza, Carmen Beviá; Reus, José Angel Silva - Instituto Valenciano de Investigaciones Económicas (IVIE) - 1997
This paper studies economies where agents exchange indivisible goods and money. Agents havepotencial use for all indivisible goods and the indivisible goods are differentiated. We assume thatagents have quasilinear utilities in money, have sufficiently money endowments to afford anygroup of...