| Popis: |
We study the rational preferences of agents participating in a mechanism whose outcome is a weak order among participants. We propose a set of self-interest axioms and characterize the mutual relationships between all subsets thereof. We then assume that the mechanism can assign monetary rewards to the agents, in a way that is consistent with the weak order. We show that the mechanism can induce specific classes of preferences by suitably choosing the assigned rewards, even in the absence of tie breaking. |
