Patent attributes
A method and system for determining and updating a value pertaining to supply and/or demand conditions of a service in a specified geographic region is provided. The method and system enable resources to be managed over multiple geographic regions. The system determines an initial value pertaining to supply and/or demand conditions in the specified geographic area based on data collected from provider and requester devices. The system determines whether the initial value requires real-time update to account for unpredictable and fast-changing variations in supply and/or demand conditions that can cause imbalance in resource allocation across the multiple geographic regions. If the system determines that the initial value requires real-time update, the system generates a real-time value based on supply and/or demand information pertaining to conditions in nearby geographic regions. The system facilitates the provision of the service using real-time value or the initial value, depending on the determination.
