Game theoretic prioritization system and method
OwnerSteven M. Hoffberginventor
Life of this patent
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Abstract
A method for allocation among agents, comprising providing to at least two each having a respective wealth generation function adapted to generate a virtual currency; conducting an auction, having an auction outcome with respect to an auction transaction, in which each respective agent bids an amount of the generated virtual currency; and transferring an amount of the generated virtual currency in accordance with the auction outcome, in consideration of an auction transaction.
Claims21
A method for allocation among agents using an automated communication network, comprising:
- assigning a wealth generation function which defines an automatic change of future virtual wealth, to each of a plurality of agents, each agent having a communication port configured to interface with the automated communication network;
- communicating subjective market information between agents through at least one communications port of the automated communication network;
- and
- transferring a representation of virtual wealth generated by the wealth generation function between agents through at least one communications port of the automated communication network in consideration of a market transaction.
A system for allocation among agents using an automated communication network, comprising:
- a memory storing information defining an assigned wealth generation function which defines an automatic change of future virtual wealth to each of a plurality of agents;
- a port configured for communicating subjective market information between agents through the automated communication network;
- and
- an automated processor configured to control a transfer of a representation of virtual wealth generated by the wealth generation function between agents through the automated communication network in consideration of a market transaction.
A method for allocation of a right or resource among agents, comprising:
- assigning a wealth generation function which defines an automatic change of virtual wealth at a future time to each of a plurality of agents, each agent having a communication port configured to interface with a communication network, the wealth generation function being implemented on an automated processor;
- communicating subjective market information between agents through the communication network;
- and
- transferring a representation of virtual wealth generated in accordance with the wealth generation function between agents through the communication network in consideration of a market transaction.
Dependencies are inferred from the claim text.