METHOD AND APPARATUS FOR CONDUCTING A DYNAMIC EXCHANGE

Patent №

US 7,577,589

Granted

2009-08-18

Filed 2004

Owner

COMBINENET, INC.

Lab

AI components

2

nlp · evo

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

10997765

In a combinatorial exchange, a set of rules can be input for processing of bids received in connection with the exchange. At least one bid can be received from each of a plurality of exchange participants and a desired exchange objective can be defined. A determination can be made as a function of a subset of the rules if an allocation of the bids exists that is optimal for the type of exchange being conducted. If the desired exchange objective is not satisfied, the step of determining an allocation is repeated utilizing a different subset of rules each time until the desired exchange objective is satisfied.

Natural languageEvolutionary computationG06Q 40/04G06Q 30/0222G06Q 30/0601G06Q 30/08

AI classification

Natural language0.82
Evolutionary computation0.67
Planning0.15
Machine learning0.04
Knowledge representation0.02
AI hardware0.01
Vision0.01
Speech0.00

Ownership

COMBINENET, INC.

assignment · 156340014

Assignors

SANDHOLM, TUOMAS, LEVINE, DAVID L., PARKES, DAVID C., SURI, SUBHASH, CONITZER, VINCENT, SHIELDS, ROBERT L., SMIRNOV, YURI

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

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