System and method for performing a progressive second price auction technique
CA 2332235 A1 · Owner: Semret, Nemo · Inventors: Semret, Nemo; Lazar, Aurel
Overview
Its claims, description and drawings are in the Canadian Patents Database.
Open the CIPO recordAbstract From the Canadian patent
A system and method for allocating a resource using a progressive second price auction technique. An auction is held for a limited resource such as , bandwidth in an Internet Service Provider Network in which bids are submitted by prospective users (103) including the quantity desired and the price for each unit of resource bid upon. In order to make an efficient allocation a , new bidder (105) is granted some of the resource based upon the availability of the limited resource (109) due to the bids higher than the new bidder (113). The actual price paid (121) by the new bidder is based upon bids made with lower prices who have been or would have been allocated some of the resource. …
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Listed from its CIPO record in Patent Yard's archive of Canadian patents past their term. Its claims, description and drawings are in the CIPO record and on Google Patents, and the Claude kit works from them.
Why it's free to use
- Filed March 23, 1999. No grant is recorded for it in Canada; had it been granted, its 20-year term would have ended March 23, 2019.
- A certificate of supplementary protection adds at most two years for a drug, so even that would have ended by March 23, 2021.
- We check Canadian rights only. A patent in its family in another country could still be in force: check its family on Google Patents.
Timeline
Timeline From CIPO dates
Sources & verification
Official CIPO records
Everything on this page comes from the CIPO record linked above. Contains information licensed under the Open Government Licence – Canada.