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:
Aug. 24, 2010
Filed:
Apr. 10, 2003
Applicants:
Tuomas Sandholm, Pittsburgh, PA (US);
Subhash Suri, Santa Barbara, CA (US);
Inventors:
Tuomas Sandholm, Pittsburgh, PA (US);
Subhash Suri, Santa Barbara, CA (US);
Assignee:
CombineNet, Inc., Pittsburgh, PA (US);
Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 10/00 (2006.01); G06Q 99/00 (2006.01);
U.S. Cl.
CPC ...
Abstract
A method of determining a winning allocation in an auction or exchange includes receiving at least one buy bid that includes a price-quantity demand curve and/or receiving at least one sell bid that includes a price-quantity supply curve. The received curves are utilized to determine clearing prices therefor that maximize a clearing surplus. A winning allocation is determined based on the clearing prices.