Invention Grant
- Patent Title: Price optimization with robust learning constraint
- Patent Title (中): 价格优化与强大的学习约束
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Application No.: US12792124Application Date: 2010-06-02
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Publication No.: US08260655B2Publication Date: 2012-09-04
- Inventor: Christopher R. Dance , Onno Zoeter
- Applicant: Christopher R. Dance , Onno Zoeter
- Applicant Address: US CT Norwalk
- Assignee: Xerox Corporation
- Current Assignee: Xerox Corporation
- Current Assignee Address: US CT Norwalk
- Agency: Fay Sharpe LLP
- Main IPC: G06Q10/00
- IPC: G06Q10/00 ; G06Q30/00 ; G06F15/18

Abstract:
A valuation optimization method includes generating offeree decision information (buyer decision information, by way of illustrative example) by presenting a sequence of mechanisms to a sequence of offerees wherein the mechanisms comprise menus of transaction offers (sale offer menus, by way of illustrative example). Actual transactions (sale transactions, by way of illustrative example) are conducted responsive to acceptances of transaction offers by buyers. At a selected time in the generating, an offeree valuation distribution belief and the current mechanism are updated optimize an offeree's utility. The offeree's utility comprises an offeree's utility function constrained by a robust learning constraint computed based on a local differential of an earlier offeree's utility function with respect to the earlier offeree's valuation.
Public/Granted literature
- US20110302000A1 MACHINE LEARNING FOR OPTIMIZATION AND SERVICES Public/Granted day:2011-12-08
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