Invention Grant
- Patent Title: Method of determining an exchange allocation that promotes truthful bidding and improves the obtainment of exchange objectives
- Patent Title (中): 确定交换分配的方法,促进真实投标,提高交换目标的获取
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Application No.: US11649082Application Date: 2007-01-03
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Publication No.: US08060433B2Publication Date: 2011-11-15
- Inventor: Vincent Conitzer , Tuomas Sandholm
- Applicant: Vincent Conitzer , Tuomas Sandholm
- 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: G06Q40/00
- IPC: G06Q40/00

Abstract:
In an apparatus and method of solving a combinatorial exchange, a plurality of candidate allocations of input bids is determined from input bids and a set of bid vectors is formed from the input bids. A probability value, representing how likely the bids of a bid vector will comprise the bids from which a final allocation is determined, is associated with each bid vector. A mapping is then determined between each bid vector and at least one of the candidate allocations based on a set of objectives and a set of constraints. A candidate allocation is selected as a final allocation based on a comparison of another set of bids that define an exchange event bid vector with at least one of the bid vectors.
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