System and method of making trading markets using generalized trade reduction
    1.
    发明申请
    System and method of making trading markets using generalized trade reduction 审中-公开
    使用广义贸易减少制造交易市场的制度和方法

    公开(公告)号:US20090030830A1

    公开(公告)日:2009-01-29

    申请号:US11881694

    申请日:2007-07-27

    IPC分类号: G06Q40/00

    CPC分类号: G06Q40/04

    摘要: An improved system and method is provided for making trading markets using generalized trade reduction. To do so, a trade reduction engine may be provided to turn the implementation of an individually rational and incentive-compatible mechanism of a market maker engine for single-valued traders making trades in a particular trading domain into an implementation of a budget balanced, individually rational and incentive-compatible mechanism that may bound the loss in social welfare. In general, the generalized trade reduction methods find procurement sets of traders and remove them in iterations until conditions of competition among remaining traders may be fulfilled for trading to occur. Advantageously, the present invention may support many applications for making trading markets using generalized trade reduction for both procurement-class domains and class domains.

    摘要翻译: 提供了一种改进的系统和方法,用于通过广义贸易减少来制造交易市场。 为此,可以提供贸易缩减引擎,以实现单一理性和激励相容的制造商引擎的机制,使单一价值交易者在特定交易领域进行交易,以实现预算均衡 理性和激励机制,可能会限制社会福利的损失。 一般来说,广义贸易减少方法可以找到交易商的采购套件,并将其逐一删除,直到其余交易商的竞争条件达成交易发生。 有利地,本发明可以支持许多用于为采购级域和类域使用广义贸易减少的交易市场的应用。