Patents by Inventor Michael Benisch

Michael Benisch 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).

  • Publication number: 20140058872
    Abstract: A computer-implemented method includes, in one aspect, accessing historical purchase data that is indicative of items that have been purchased and prices at which each of the items are purchased; for each of the items specified in the historical purchase data, fitting a customer valuation model to a portion of the historical purchase data that pertains to the item, with the customer valuation model specifying purchase preferences, and with a purchase preference specifying a probability a customer will purchase a specific item at a specific price; based on fitted customer valuation models for the items in the historical purchase data, identifying a priceable bundle, with the priceable bundle including at least two of the items specified in the historical purchase data; and applying updated prices to one or more of (i) the priceable bundle, and (ii) the items included in the priceable bundle.
    Type: Application
    Filed: August 22, 2013
    Publication date: February 27, 2014
    Applicant: Carnegie Mellon University
    Inventors: Tuomas Sandholm, Michael Benisch