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. 29, 2017
Filed:
Jan. 26, 2015
Maxpoint Interactive, Inc., Morrisville, NC (US);
Randy Reiss, Dripping Springs, TX (US);
MaxPoint Interactive, Inc., Morrisville, NC (US);
Abstract
A method for controlling a purchasing pace in a real-time bidding environment is provided. A pacing parameter is dynamically adjusted using a multi-loop control algorithm including an outer control loop and an inner control loop, wherein the outer control loop outputs a control parameter, and the inner control loop uses this control parameter as an input and outputs a current value of the pacing parameter, which is adjusted over time by the multi-loop control algorithm. A series of bid requests generated by a real-time bidding exchange are received, each identifying a respective available ad placement in a respective webpage being loaded. For each received bid request, a decision is made in real-time, during the loading of the respective webpage, whether to submit a bid to purchase the respective ad placement based at least on the current value of the dynamically adjusted pacing parameter.