Values of Large Games, I: A Limit Theorem

Published Online:https://doi.org/10.1287/moor.3.1.1

This paper gives an analysis of what happens in a weighted majority game when a block of votes is broken up and distributed among a large number of players. It is shown that the value of the game to the other players converges to a limit as the size of the largest fragment tends to zero. An explicit expression is given for the limit.

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