The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jan. 20, 2026
Filed:
Apr. 26, 2022
Jpmorgan Chase Bank, N.a., New York, NY (US);
Danial Dervovic, London, GB;
Parisa Hassanzadeh, San Jose, CA (US);
Prashant P Reddy, Madison, NJ (US);
Manuela Veloso, New York, NY (US);
Samuel Ayalew Assefa, Hoboken, NJ (US);
JPMorgan Chase Bank, N.A., New York, NY (US);
Abstract
A method and a system for performing stochastic sequential assignment of jobs with random arrival times is provided. The method includes receiving a first plurality of jobs in a sequence; and sequentially applying, to each respective job from among the first plurality of jobs, a non-parametric sequential allocation algorithm in order to determine whether to accept the respective job or to decline the respective job. The application of the non-parametric sequential allocation algorithm includes calculating, for each respective job, a corresponding reward value that relates to a reward that is gained when the respective job is accepted; and maximizing an expected cumulative reward value based on the calculated reward values.