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:
Jul. 25, 2017
Filed:
Apr. 04, 2013
Maxpoint Interactive, Inc., Morrisville, NC (US);
Michael Els, Durham, NC (US);
Igor Postelnik, Austin, TX (US);
MaxPoint Interactive, Inc., Morrisville, NC (US);
Abstract
A method and system for pricing advertisement placements online in a real-time bidding (RTB) environment is disclosed. According to one embodiment, a computer-implemented method includes receiving a plurality of responses from a plurality of real-time bidding (RTB) requests for an advertisement placement and determining a first data set from the plurality of responses, where the first data set includes prices paid for winning the advertisement placement. The computer-implemented method further includes determining a second data set from the plurality of responses, where the second data set includes losing bid prices, and estimating a price distribution curve based on one or more of the first data set and the second data set.