NETWORK AUCTION SCHEME, WINNING BID DETERMINING SCHEME, APPARATUS THEREFOR, AND RECORDING MEDIUM HAVING THEIR PROGRAMS RECORDED THEREON

Patent №

US 7,401,047

Granted

2008-07-15

Filed 2001

Owner

NIPPON TELEGRAPH AND TELEPHONE CORPORATION

Lab

AI components

1

hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

09983934

To prevent a single bidder from profiting by submitting multiple false-name bids, an auctioneer: sets a threshold price r; determines the ranking i of the minimum value equal to or larger than r in a buyers' evaluation value sequence sorted in decreasing order and the ranking j of the maximum value equal to or smaller than r in a sellers' evaluation value sequence sorted in increasing order; if i=j, allows first to i-th buyers and sellers to trade at the price r; if i>j, allows first to j-th buyers and sellers to trade at a trade price of the (j+1)-th buyer's evaluation value for the buyers and at the threshold price r for the sellers; and if i<j, allows the first to i-th buyers and sellers to trade at the threshold price for the buyers and at a trade price of the (i+1)-th seller's evaluation value.

AI hardwareG06Q 30/08G06Q 40/04G06Q 40/06

AI classification

AI hardware0.65
Knowledge representation0.03
Evolutionary computation0.02
Machine learning0.01
Planning0.01
Natural language0.00
Vision0.00
Speech0.00

Ownership

NIPPON TELEGRAPH AND TELEPHONE CORPORATION

assignment · 197980793

Assignors

YOKOO, MAKOTO, SAKURAI, YUKO, MATSUBARA, SHIGEO

On an employer assignment, the assignors are typically the inventors.

From the same owner

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