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:
Feb. 14, 2012
Filed:
Jun. 29, 2001
Alex Xin Zhang, Mountain View, CA (US);
Alex Xin Zhang, Mountain View, CA (US);
Hewlett-Packard Development Company, L.P., Houston, TX (US);
Abstract
The present invention provides a novel simulation based method for analyzing new auction formats and rules, from limited and partially observable bidder characteristics. A simulation platform under this method is general enough to be easily modified to a specific design of auctions. This method will utilize the known results, if any, on some aspects of the auction rules under consideration, and simultaneously recover an extended set of bidder characteristics from limited and partially observed, existing bidder data, and will predict bidder behavior under the new auction rules. Advantageously, this method applies known results on some aspects of an auction format to the new learning of this format.