Monther Abdullah Al-Dawsari, Hani Jamjoom, Mark E. Podlaseck, Huiming Qu, Yaoping Ruan, Denis R. Saure, Zon-Yin Shae and Anshul Sheopuri
US Patent US8458011
Jun 2013, (Granted)
Abstract. A method of dynamic pricing of a resource is presented. For
example, the method includes determining a set of
anticipated demands for one or more users to acquire
the resource according to uncertainty of the one or
more users in preferring one or more certain time
periods of a plurality of time periods for acquiring
the resource. Prices for the resource differ between
at least two of the plurality of time periods. Each
anticipated demand of the set is associated with a
different one of the plurality of time periods. The
method further includes setting prices for the
resource during each of the plurality of time
periods according to the determined set of
anticipated demands. The determining of the set of
anticipated demands and/or the setting of prices are
implemented as instruction code executed on a
processor device.