The Econometric SocietyEdited by: Marina Halac • Print ISSN: 0012-9682 • Online ISSN: 1468-0262
Econometrica: Nov, 1971, Volume 39, Issue 6
https://www.jstor.org/stable/1909672
p. 997-1008
Egbert Dierker
Economies with indivisible commodities admit allocations that are nearly price equilibria, provided that the number of agents is large relative to the number of commodities. In the course of the proof, it is shown that a similar result is valid if agents are insensitive to small price changes.
December 11, 2025
We are deeply saddened by the passing of Kate Ho, the John L. Weinberg Professor of Economics and Business Policy at Princeton University and a Fellow of the Econometric Society. Kate was a brilliant IO economist and scholar whose impact on the profession will resonate for many years to come.
