Invention Grant
- Patent Title: Position-based auction
- Patent Title (中): 基于位置的拍卖
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Application No.: US11692030Application Date: 2007-03-27
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Publication No.: US08799139B1Publication Date: 2014-08-05
- Inventor: Gagan Aggarwal , Jon Feldman , Shanmugavelayutham Muthukrishnan , Rohit Rao , Adam Wildavsky
- Applicant: Gagan Aggarwal , Jon Feldman , Shanmugavelayutham Muthukrishnan , Rohit Rao , Adam Wildavsky
- Applicant Address: US CA Mountain View
- Assignee: Google Inc.
- Current Assignee: Google Inc.
- Current Assignee Address: US CA Mountain View
- Agency: Fish & Richardson P.C.
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
A method is described that includes accessing bids for ranked goods and minimum rank indicators that each specifies a lowest rank for a good that is acceptable to a bidder, assigning a ranked good to a first bidder based on a first bid and a first minimum rank indicator each associated with the first bidder, and outputting a signal indicative of a cost of the assigned rank good based on a second bid associated with a next highest bidder having a second minimum rank indicator that specifies a rank that is inclusive of a rank of the ranked good assigned to the first bidder.
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