AUTOMATED PRICE MAINTENANCE FOR USE WITH A SYSTEM IN WHICH ADVERTISEMENTS ARE RENDERED WITH RELATIVE PREFERENCES
Patent №
US 8,447,653
Granted
2013-05-21
Filed 2010
Owner
GOOGLE INC.
AI components
1
kr
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
12846648
A cost maintenance scheme useful with an advertising system which orders ads in a manner that maximizes both their relevance and their economic value, and which provides a fair bidding process in which a winning bidder is assured of not having paid too much. Ordering may be done based on accepted maximum ad bid information and/or ad performance information. For example, this information may be used to determine a position value. Cost may be determined based on accepted maximum ad bid information and/or performance information. Billing the determined cost may be subject to a condition precedent.
AI classification
Ownership
GOOGLE INC.
assignment · 342670572
Assignors
VEACH, ERIC, KAMANGAR, SALAR ARTA
On an employer assignment, the assignors are typically the inventors.