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. 09, 2011
Filed:
May. 06, 2009
Qi Qi, Shanghai, CN;
Tian-ming Bu, Shanghai, CN;
Xiaotie Deng, Kowloon, HK;
Other;
Abstract
Systems and methods for facilitating more efficient bidding in an ad-words auction are described herein. An auctioning component can employ a forward-looking Nash equilibrium to facilitate an ad-words auction. A bidding component can enable bidding agents to place bids in the ad-words auction as a function of dynamically considering at least existing strategies of other bidding agents and future responses of the other bidding agents. Bidding agents associated with bids comprising higher true private values can obtain advertisement slots within the ad-words auction that are associated with a higher order of attractiveness to viewers—a bidding agent's true private value can be based on, at least in part, the bidding agent's estimate of value that at least one user interested in a particular keyword places on the bidding agent's product(s) and/or service(s).