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    Dynamic pricing of a resource

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    Thumbnail
    Name:
    8458011.pdf
    Size:
    1.902Mb
    Format:
    PDF
    Description:
    Patent
    Download
    Type
    Patent
    Patent Status
    Granted Patent
    Authors
    Al-Dawsari, Monther Abdullah
    Jamjoom, Hani Talal
    Podlaseck, Mark Edward
    Qu, Huiming
    Ruan, Yaoping
    Saure, Denis Roland
    Shae, Zon-yin
    Sheopuri, Anshul
    Assignee
    International Business Machines Corporation
    King Abdullah University of Science and Technology
    KAUST Department
    King Abdullah University of Science and Technology
    Date
    2013-06-04
    Submitted Date
    2010-03-24
    Permanent link to this record
    http://hdl.handle.net/10754/594742
    
    Metadata
    Show full item record
    Abstract
    A method of dynamic pricing of a resource is presented. For example, the method includes determining a set of anticipated demands for one or more users to acquire the resource according to uncertainty of the one or more users in preferring one or more certain time periods of a plurality of time periods for acquiring the resource. Prices for the resource differ between at least two of the plurality of time periods. Each anticipated demand of the set is associated with a different one of the plurality of time periods. The method further includes setting prices for the resource during each of the plurality of time periods according to the determined set of anticipated demands. The determining of the set of anticipated demands and/or the setting of prices are implemented as instruction code executed on a processor device.
    Patent Number
    US 8458011 B2
    Application Number
    US 20100730660
    Additional Links
    http://patft.uspto.gov/netacgi/nph-Parser?patentnumber=8458011
    http://assignment.uspto.gov/#/search?adv=patNum:8458011
    http://www.google.com/patents/US8458011
    http://worldwide.espacenet.com/publicationDetails/biblio?CC=US&NR=8458011B2&KC=B2&FT=D
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