Abstract:
Methods and associated apparatus comprise, among other features, organizing previously acquired auction data into a plurality of sub-samples, each sub-sample comprising bid data associated with auctions having a common number of bidders, applying an inverse bid function to at least two sub-samples, pooling results from applying the inverse bid function to form a first pool, applying a direct bid function on the first pool to generate sample bids, matching bids from at least one sub-sample to the sample bids, and pooling results from the matching with the first pool to form a second pool.
Abstract:
A method and associated system comprise obtaining historical auction data, determining, from the historical auction data, a first parameter that is a function of a joint bid distribution and a density function related to the joint bid distribution, selecting a bidder, obtaining a value distribution for the selected bidder, and solving an equation. The equation may include the first parameter and the selected bidder's value distribution, and not the value distribution of other bidders. The equation computes a bid value associated with the selected bidder for a given bid.
Abstract:
A computer-implemented method for estimating bidder valuation. A probability that a bid of a first bidder in an auction is not greater than a first value is determined, wherein a second bidder has a valuation in the auction equal to a second value. A rate at which the probability changes is determined. The ratio of the probability to the rate of change is determined. The ratio is added to the rival bid to determine an estimate of the first bidder's valuation.
Abstract:
A computer-implemented method for determining a bid for a auction. A valuation for the auction, a risk preference, and a rate of change of the risk preference are received. A joint distribution is determined based on historical auction information and at least one updated valuation for an historical auction. A density of the joint distribution is determined. The bid is determined based on the risk preference, the rate of change of the risk preference, the valuation, the joint distribution, and the density of the joint distribution.
Abstract:
Methods and associated apparatus comprise, among other features, organizing previously acquired auction data into a plurality of sub-samples, each sub-sample comprising bid data associated with auctions having a common number of bidders, applying an inverse bid function to at least two sub-samples, pooling results from applying the inverse bid function to form a first pool, applying a direct bid function on the first pool to generate sample bids, matching bids from at least one sub-sample to the sample bids, and pooling results from the matching with the first pool to form a second pool.
Abstract:
A method and associated system comprise obtaining historical auction data, determining, from the historical auction data, a first parameter that is a function of a joint bid distribution and a density function related to the joint bid distribution, selecting a bidder, obtaining a value distribution for the selected bidder, and solving an equation. The equation may include the first parameter and the selected bidder's value distribution, and not the value distribution of other bidders. The equation computes a bid value associated with the selected bidder for a given bid.
Abstract:
FIG. 1 is a perspective view of a bottle for nail glue design showing my new design. FIG. 2 is a front view of a bottle for nail glue. FIG. 3 is a rear view of a bottle for nail glue. FIG. 4 is a left side view of a bottle for nail glue. FIG. 5 is a right side view of a bottle for nail glue. FIG. 6 is a top view of a bottle for nail glue; and, FIG. 7 is a bottom view of a bottle for nail glue. The broken lines in the drawings depict portions of the bottle for nail glue that form no part of the claimed design.
Abstract:
FIG. 1 is a perspective view of a bottle for nail glue design showing my new design. FIG. 2 is a front view of a bottle for nail glue. FIG. 3 is a rear view of a bottle for nail glue. FIG. 4 is a left side view of a bottle for nail glue. FIG. 5 is a right side view of a bottle for nail glue. FIG. 6 is a top view of a bottle for nail glue; and, FIG. 7 is a bottom view of a bottle for nail glue. The broken lines in the drawings depict portions of the bottle for nail glue that form no part of the claimed design.
Abstract:
A communications system are provided that provides integrated encryption capabilities. In particular, a digital microwave system, terminal and method are provided in which the encryption functions are integrated into the digital microwave terminals. The digital microwave system may also be implemented with external encryption units.