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.

Date of Patent:
Nov. 30, 2010

Filed:

Oct. 23, 2002
Applicants:

Kemal Guler, Cupertino, CA (US);

Bin Zhang, Fremont, CA (US);

Inventors:

Kemal Guler, Cupertino, CA (US);

Bin Zhang, Fremont, CA (US);

Assignee:
Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2006.01);
U.S. Cl.
CPC ...
Abstract

A computer-implemented method for determining a bid for a auction. A valuation for the auction, a risk preference, and a rate of change of the risk preference are received. A joint distribution is determined based on historical auction information and at least one updated valuation for an historical auction. A density of the joint distribution is determined. The bid is determined based on the risk preference, the rate of change of the risk preference, the valuation, the joint distribution, and the density of the joint distribution.


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