Invention Grant
- Patent Title: Forward contracts in e-commerce
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Application No.: US17396900Application Date: 2021-08-09
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Publication No.: US11854052B2Publication Date: 2023-12-26
- Inventor: Tomer Lancewicki , Ramesh Periyathambi
- Applicant: eBay Inc.
- Applicant Address: US CA San Jose
- Assignee: EBAY INC.
- Current Assignee: EBAY INC.
- Current Assignee Address: US CA San Jose
- Agency: SCHWEGMAN LUNDBERG & WOESSNER, P.A.
- Main IPC: G06Q30/0283
- IPC: G06Q30/0283 ; G06N20/00 ; G06Q30/0601 ; G06Q30/0201

Abstract:
A method of training a machine learning model to determine an item margin is provided. The method includes monitoring a first value for a first item having attributes and monitoring a first value for a second type of item having attributes where an attribute of the first attributes is the same as an attribute of the second attributes. The method also includes determining a first margin based on the first values. The first attributes, the second attributes, and the first margin are input as training data for the machine learning model where the machine learning model is trained with the training data. The monitoring operations for the first item and the second item are repeated to obtain a second value for the first and second items. Furthermore, the trained machine learning model is applied to the second values to determine a second margin.
Public/Granted literature
- US20230045365A1 FORWARD CONTRACTS IN E-COMMERCE Public/Granted day:2023-02-09
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