Invention Grant
- Patent Title: Market clearability in combinatorial auctions and exchanges
- Patent Title (中): 组合拍卖和交流的市场清晰度
-
Application No.: US10410876Application Date: 2003-04-10
-
Publication No.: US07783529B2Publication Date: 2010-08-24
- Inventor: Tuomas Sandholm , Subhash Suri
- Applicant: Tuomas Sandholm , Subhash Suri
- Applicant Address: US PA Pittsburgh
- Assignee: CombineNet, Inc.
- Current Assignee: CombineNet, Inc.
- Current Assignee Address: US PA Pittsburgh
- Agency: The Webb Law Firm
- Main IPC: G06Q10/00
- IPC: G06Q10/00 ; G06Q99/00
Abstract:
A method of determining a winning allocation in an auction or exchange includes receiving at least one buy bid that includes a price-quantity demand curve and/or receiving at least one sell bid that includes a price-quantity supply curve. The received curves are utilized to determine clearing prices therefor that maximize a clearing surplus. A winning allocation is determined based on the clearing prices.
Public/Granted literature
- US20030225628A1 Market clearability in combinatorial auctions and exchanges Public/Granted day:2003-12-04
Information query
