Patents by Inventor Daniel Schrage

Daniel Schrage has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 10032175
    Abstract: An algorithm for modeling and optimizing control of a complex and dynamic system is provided to facilitate an allocation of the resources on the network that is the most efficient. The algorithm serves to depict the complex network of available resources using market-based negotiation wherein resources are defined as available buyers and sellers in an efficient market. Selling agents are offering their available resources for sale in accordance with parameters that correspond to the actual limitations of that actual resource and the buyers are looking to make a purchase from one of the sellers that presents a resource with the greatest utility to them. In order to overcome inefficiencies that result from the potential of inefficient allocation, the present invention has further endeavored to introduce an efficiency-arbitrage agent that scans the overall body of transactions to identify and remedy inefficient market transactions.
    Type: Grant
    Filed: April 9, 2009
    Date of Patent: July 24, 2018
    Assignee: CHARLES RIVER ANALYTICS, INC.
    Inventors: Christopher Farnham, Daniel Schrage
  • Publication number: 20090259543
    Abstract: An algorithm for modeling and optimizing control of a complex and dynamic system is provided to facilitate an allocation of the resources on the network that is the most efficient. The algorithm serves to depict the complex network of available resources using market-based negotiation wherein resources are defined as available buyers and sellers in an efficient market. Selling agents are offering their available resources for sale in accordance with parameters that correspond to the actual limitations of that actual resource and the buyers are looking to make a purchase from one of the sellers that presents a resource with the greatest utility to them. In order to overcome inefficiencies that result from the potential of inefficient allocation, the present invention has further endeavored to introduce an efficiency-arbitrage agent that scans the overall body of transactions to identify and remedy inefficient market transactions.
    Type: Application
    Filed: April 9, 2009
    Publication date: October 15, 2009
    Applicant: CHARLES RIVER ANALYTICS, INC
    Inventors: Christopher Farnham, Daniel Schrage