Method and apparatus for forming expressive combinatorial auctions and exchanges
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United States of America Patent
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Oct 27, 2009
Grant Date -
Oct 16, 2003
app pub date -
Sep 25, 2002
filing date -
Apr 10, 2002
priority date (Note) -
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Abstract
A method of processing an exchange includes providing a solver/analyzer for determining a solution that includes at least one of a winning allocation and feasible allocations. At least one bid is received at the solver/analyzer, with each bid including at least one item and an associated price. Exchange description data (EDD) is associated with the at least one bid. The EDD is also received at the solver/analyzer. The processing of the at least one bid is modified in accordance with the at least one feature included in the EDD.
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