Invention Grant
- Patent Title: Quantitative method to track the demand in the art market independently from auction data
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Application No.: US17734923Application Date: 2022-05-02
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Publication No.: US12190337B2Publication Date: 2025-01-07
- Inventor: Mina Soltangheis , Tomas Tokar
- Applicant: WONDEREUR INC.
- Applicant Address: CA Toronto
- Assignee: WONDEREUR INC.
- Current Assignee: WONDEREUR INC.
- Current Assignee Address: CA Toronto
- Agency: Sterne, Kessler, Goldstein & Fox P.L.L.C.
- Main IPC: G06Q30/0202
- IPC: G06Q30/0202 ; G06Q30/0201 ; G06Q30/0282 ; G06Q40/06

Abstract:
Disclosed herein is a method of measuring demand in a market. The method gathers data representing events defining relationships between producers and institutions. Each event includes information defining at least a time of event and a type of event. The method determines a trajectory for each producer. Based on the trajectory for each producer, the method generates a dynamic graph specifying the relationships between producers and institutions for a hyperparameter time period. From the dynamic graph, the method generates a projection graph specifying only the relationships between institutions. The method determines a trajectory score for each producer and a performance score for each institution. The trajectory score for a producer is a summation of a rating of each institution that has a relationship with that producer. The performance score for an institution is a summation of a delta trajectory score of each producer that has a relationship with that institution.
Public/Granted literature
- US20220374926A1 QUANTITATIVE METHOD TO TRACK THE DEMAND IN THE ART MARKET INDEPENDENTLY FROM AUCTION DATA Public/Granted day:2022-11-24
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