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Keywords:

  • Walrasian equilibrium;
  • quasilinear utility;
  • indivisible goods;
  • continuum economies;
  • complementary preferences
  • D51

In an economy with indivisible goods, a continuum of agents, and quasilinear utility, we show that equilibrium exists regardless of the nature of agents' preferences over bundles. This contrasts with results for economies with a finite number of agents, which require restrictions on preferences (such as substitutability) to guarantee existence. When the distribution of preferences has full support, equilibrium prices are unique.