Multifactorial optimization system and method

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United States of America Patent

PATENT NO 8874477
SERIAL NO

11467931

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Abstract

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A method for providing unequal allocation of rights among agents while operating according to fair principles, comprising assigning a hierarchal rank to each agent; providing a synthetic economic value to a first set of agents at the a high level of the hierarchy; allocating portions of the synthetic economic value by the first set of agents to a second set of agents at respectively different hierarchal rank than the first set of agents; and conducting an auction amongst agents using the synthetic economic value as the currency. A method for allocation among agents, comprising assigning a wealth generation function for generating future wealth to each of a plurality of agents, communicating subjective market information between agents, and transferring wealth generated by the secure wealth generation function between agents in consideration of a market transaction. The method may further comprise the step of transferring at least a portion of the wealth generation function between agents.

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Patent Owner(s)

  • MEADWESTVACO CORPORATION

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Hoffberg, Steven Mark West Harrison, US 6 1434

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