PAYMENT DETERMINATION IN AUCTIONS

Aleksandrs Slivkins; Moshe Babaioff; Robert D Kleinberg

PAYMENT DETERMINATION IN AUCTIONS

Aleksandrs Slivkins (Inventor), Moshe Babaioff (Inventor), Robert D Kleinberg (Inventor)

The Rachel and Selim Benin School of Engineering and Computer Science

The Hebrew University of Jerusalem

Research output: Patent

Abstract

An auction may include a general schema to create incentives for those agents or bidders to bid on items at auction truthfully. The schema may implement any allocation rule, including a monotone allocation rule. The schema may provide for accepting bids from bidders, transforming the bids in a manner appropriate to the item being auctioned, and applying the allocation rule on the transformed bid. The schema may further provide for providing a rebate or payment back to the bidders.

Original language	English
Patent number	US2012116860
IPC	G06Q 30/ 00 A I, US2012116860A1, US93919210A
Priority date	4/11/10
State	Published - 10 May 2012

Access to Document

https://worldwide.espacenet.com/patent/search/family/046020498/publication/US2012116860A1?q=US2012116860License: Unspecified

Cite this

@misc{9805afdaec52403495541403c6794589,

title = "PAYMENT DETERMINATION IN AUCTIONS",

abstract = "An auction may include a general schema to create incentives for those agents or bidders to bid on items at auction truthfully. The schema may implement any allocation rule, including a monotone allocation rule. The schema may provide for accepting bids from bidders, transforming the bids in a manner appropriate to the item being auctioned, and applying the allocation rule on the transformed bid. The schema may further provide for providing a rebate or payment back to the bidders.",

author = "Aleksandrs Slivkins and Moshe Babaioff and Kleinberg, {Robert D}",

year = "2012",

month = may,

day = "10",

language = "الإنجليزيّة",

type = "Patent",

note = "US2012116860; G06Q 30/ 00 A I, US2012116860A1, US93919210A",

}

TY - PAT

T1 - PAYMENT DETERMINATION IN AUCTIONS

AU - Slivkins, Aleksandrs

AU - Babaioff, Moshe

AU - Kleinberg, Robert D

PY - 2012/5/10

Y1 - 2012/5/10

N2 - An auction may include a general schema to create incentives for those agents or bidders to bid on items at auction truthfully. The schema may implement any allocation rule, including a monotone allocation rule. The schema may provide for accepting bids from bidders, transforming the bids in a manner appropriate to the item being auctioned, and applying the allocation rule on the transformed bid. The schema may further provide for providing a rebate or payment back to the bidders.

AB - An auction may include a general schema to create incentives for those agents or bidders to bid on items at auction truthfully. The schema may implement any allocation rule, including a monotone allocation rule. The schema may provide for accepting bids from bidders, transforming the bids in a manner appropriate to the item being auctioned, and applying the allocation rule on the transformed bid. The schema may further provide for providing a rebate or payment back to the bidders.

M3 - براءة الإختراع

M1 - US2012116860

ER -