Invention Grant
- Patent Title: Multifactorial optimization system and method
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Application No.: US13429666Application Date: 2012-03-26
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Publication No.: US09615264B2Publication Date: 2017-04-04
- Inventor: Steven M. Hoffberg
- Applicant: Steven M. Hoffberg
- Agency: Ostrolenk Faber LLP
- Agent Steven M. Hoffberg, Esq.
- Main IPC: H04W16/28
- IPC: H04W16/28 ; G06Q10/06 ; G06Q10/10 ; G06Q30/02 ; G06Q30/08 ; G06Q40/04 ; G06Q50/18 ; G06Q20/22 ; G06Q40/00 ; H04W64/00 ; H04W72/08 ; H04W84/18

Abstract:
A method for providing unequal allocation of rights among agents while operating according to fair principles, comprising assigning a hierarchal rank to each agent; providing a synthetic economic value to a first set of agents at the a high level of the hierarchy; allocating portions of the synthetic economic value by the first set of agents to a second set of agents at respectively different hierarchal rank than the first set of agents; and conducting an auction amongst agents using the synthetic economic value as the currency. A method for allocation among agents, comprising assigning a wealth generation function for generating future wealth to each of a plurality of agents, communicating subjective market information between agents, and transferring wealth generated by the secure wealth generation function between agents in consideration of a market transaction. The method may further comprise the step of transferring at least a portion of the wealth generation function between agents.
Public/Granted literature
- US20130080307A1 MULTIFACTORIAL OPTIMIZATION SYSTEM AND METHOD Public/Granted day:2013-03-28
Information query