Module 5:Mechanism Design Aggregating Preferences

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Across
  1. 4. An ordering of alternatives according to preferences
  2. 6. An individual who participates in an election or voting process
  3. 7. The payoff received after selecting an action in a bandit problem
  4. 9. A method of making a collective decision by expressing choices among alternatives
  5. 12. A rule that maps individual preference profiles to a collective outcome
  6. 14. Describes a mechanism where reporting true preferences is optimal
  7. 15. The study of how individual preferences are combined to make collective decisions
  8. 17. A property of an allocation that maximizes total value or social welfare
  9. 18. An auction in which the highest bidder wins but pays the second-highest bid
  10. 19. The difference between revenue and cost
  11. 20. An amount offered by a bidder in an auction
  12. 21. The amount an agent pays or receives under a mechanism
  13. 22. A mechanism used to allocate an item or items among competing bidders
  14. 23. A word or phrase used to match advertisements with search queries
  15. 25. A mechanism that determines allocations and payments using reported valuations
  16. 26. The design of rules to achieve desired outcomes from self-interested agents
  17. 27. An individual's ordering or comparison of available alternatives
Down
  1. 1. An alternative or person that can be selected in an election
  2. 2. A factor that motivates an agent to choose a particular action
  3. 3. A problem involving repeated choices among actions with uncertain rewards
  4. 5. A voting rule requiring more than half of the votes
  5. 6. The value that an agent assigns to an item or outcome
  6. 8. Trying different actions to learn their potential rewards
  7. 10. An advertising mechanism in which advertisers compete for positions in search results
  8. 11. A voting rule in which the alternative with the most votes wins
  9. 13. Relating to auctions in which bidders can bid on combinations of items
  10. 16. A rule that determines outcomes and payments based on agents' actions or reports
  11. 22. A participant who makes decisions in a mechanism
  12. 24. A path between two nodes having the minimum total cost