Invention Grant
- Patent Title: Profit opportunities across sponsored keyword auction markets
- Patent Title (中): 赞助关键字拍卖市场的利润机会
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Application No.: US12425368Application Date: 2009-04-16
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Publication No.: US08335717B2Publication Date: 2012-12-18
- Inventor: Xiaotie Deng , Tian-Ming Bu , Qi Qi
- Applicant: Xiaotie Deng , Tian-Ming Bu , Qi Qi
- Applicant Address: HK Kowloon
- Assignee: City University of Hong Kong
- Current Assignee: City University of Hong Kong
- Current Assignee Address: HK Kowloon
- Agency: Turocy & Watson, LLP
- Main IPC: G06Q30/00
- IPC: G06Q30/00

Abstract:
Methods for gaining profit of a sponsored keyword auctioneer are described herein. The method begins with holding a local keyword auction, and receiving bids for it, wherein each bid is for the right to display one advertisement associated with the bid in response to the bid being allocated along with one keyword. Bid for the same keyword at other auctions are placed. Once the bidders of the local keyword auction to adjust bids, the bid at the external auction is changed by utilizing a forward looking Nash equilibrium response function.
Public/Granted literature
- US20090276310A1 Profit Opportunities Across Sponsored Keyword Auction Markets Public/Granted day:2009-11-05
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