Is a
Patent attributes
Current Assignee
Patent Jurisdiction
Patent Number
Date of Patent
August 24, 2010
Patent Application Number
10410876
Date Filed
April 10, 2003
Patent Primary Examiner
Patent abstract
A method of determining a winning allocation in an auction or exchange includes receiving at least one buy bid that includes a price-quantity demand curve and/or receiving at least one sell bid that includes a price-quantity supply curve. The received curves are utilized to determine clearing prices therefor that maximize a clearing surplus. A winning allocation is determined based on the clearing prices.
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