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:
Sep. 04, 2012
Filed:
Jun. 02, 2010
Christopher R. Dance, Grenoble, FR;
Onno Zoeter, Grenoble, FR;
Christopher R. Dance, Grenoble, FR;
Onno Zoeter, Grenoble, FR;
Xerox Corporation, Norwalk, CT (US);
Abstract
A valuation optimization method includes generating offeree decision information (buyer decision information, by way of illustrative example) by presenting a sequence of mechanisms to a sequence of offerees wherein the mechanisms comprise menus of transaction offers (sale offer menus, by way of illustrative example). Actual transactions (sale transactions, by way of illustrative example) are conducted responsive to acceptances of transaction offers by buyers. At a selected time in the generating, an offeree valuation distribution belief and the current mechanism are updated optimize an offeree's utility. The offeree's utility comprises an offeree's utility function constrained by a robust learning constraint computed based on a local differential of an earlier offeree's utility function with respect to the earlier offeree's valuation.