My market design colleagues and I have tried to put our algorithms for school choice, kidney exchange, and labor market clearinghouses in the public domain. But in one very competitive commercial area of market design, involving auction rules, it is not uncommon for designers to seek patents.
System and method for a hybrid clock and proxy auction is a patent issued on June 1, 2010 to Larry Ausubel, Peter Cramton, and Paul Milgrom. (Here is a link to other auction patents by Ausubel et al.)
Saturday, June 5, 2010
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