Using Bi-Directional Communications in a Market-Based Resource Allocation System

Patent ID: 8396 | Patent Number 9,026,473 | Status: Granted

Abstract

A hierarchical system of market-like structures are assembled in which producers and consumers of resources negotiate for delivery and access to these resources at various points in time. The system described here provides a single conceptual framework for assemble a wide-area system for managing the allocation and distribution of multiple resources over time.

Application Number

13/965,049

Inventors

Chassin,David P
Pratt,Robert G

Market Sector

Energy Infrastructure