Amitayu Pal

Title: Amitayu Pal: Vehicle Auction Pricing Innovations.

Introduction

Amitayu Pal is an inventor based in Frisco, Texas, whose patent work focuses on data-driven methods for estimating vehicle auction prices. He is associated with Capital One Services, LLC, and holds 2 patents.

Latest Patents

Pal’s listed patents, “Methods and Systems for Determining Prices” and “Methods and Systems for Determining Auction Prices,” describe computer-implemented approaches to estimating vehicle auction values. The methods use wholesale auction data and vehicle attributes to group vehicles by characteristics and develop corresponding regression models.

For a target vehicle, the system uses its attributes and relevant economic indicators to estimate a wholesale auction price. It then applies a discount factor representing the expected difference between that estimate and the vehicle’s post-repossession auction price, producing an estimated post-repossession value.

Career Highlights

Pal’s patent portfolio reflects an application of statistical modeling and vehicle-market data to pricing decisions. His work is associated with Capital One Services, LLC.

Collaborations

Pal’s listed coworkers include Senthil Natarajan and Yingbo Li. The available information identifies them as coworkers but does not specify their roles in the patents.

Conclusion

Amitayu Pal’s inventions address vehicle valuation by combining auction data, vehicle characteristics, regression models, and discount factors to estimate wholesale and post-repossession auction prices.