Cover: Values of Large Games, II

Values of Large Games, II

Oceanic Games

Published 1977

by John Willard Milnor, Lloyd S. Shapley

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A value theory is developed for voting games in which a sizable fraction of the total vote is controlled by a few major players and the rest is distributed among a continuous infinity of individually insignificant minor players. The latter are referred to collectively as an "ocean," to suggest the total lack of order or cohesion that is assumed.

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