Company Filing History:
Years Active: 2015
Title: Innovations of Gregory E. Kersten
Introduction
Gregory E. Kersten is a notable inventor based in Ottawa, Canada. He has made significant contributions to the field of auctioning through his innovative methods and systems. His work focuses on enhancing the auction process by introducing multi-attribute auctioning techniques.
Latest Patents
One of Gregory E. Kersten's key patents is titled "Multi-attribute auctioning method and system." This patent describes a method and system for auctioning an auction item in a multi-attribute auction. The winning bid is selected by determining a secret value function indicative of an acceptable combination of attribute values for the auction owner. The auction owner computing device or the auction server generates alternate combinations of attribute values based at least in part on the secret value function. To generate these alternate combinations, at least some of the combinations of attribute values are perturbed to hinder bidders from deriving or finding the secret value function. The auction server informs the bidders, via a bidder interface of a client computing device, about the alternate combinations of attribute values and required bidding directions. Bidders can then offer a bid in a next round based on the alternate combinations of attribute values, in a progressive manner and without knowledge of the secret value function.
Career Highlights
Gregory E. Kersten has been associated with Valorbec Société En Commandite, where he applies his expertise in auction systems. His innovative approach has positioned him as a key figure in the development of advanced auction methodologies.
Collaborations
Gregory collaborates with Shikui Wu, contributing to the advancement of auction technologies and methodologies.
Conclusion
Gregory E. Kersten's contributions to the field of auctioning through his innovative patent demonstrate his commitment to enhancing the auction process. His work continues to influence the way auctions are conducted, making them more efficient and user-friendly.