Method and device for calculating a price for using a...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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Details

C705S030000, C705S034000, C705S400000

Reexamination Certificate

active

07742960

ABSTRACT:
The invention relates to a method for calculating in a network that comprises links, a price for using a specific link in the network. The method comprises the following steps:a) a comparison step for determining a price difference between the price for using the specific link and the price for using instead of the specific link an alternative path in the network, which does not comprise the specific link,b) a change-calculation step for determining a link-price change in the price for using the specific link, and a link-price change in the price for using the links in the alternative path, in response to the determined price difference,c) a combination step for combining for the specific link the determined link-price changes on the price for using the specific link from all links in the network, to determine a total price-change for the specific link,d) a merging step for merging the determined total price-change with a market-induced price change in the price for using the specific link, to calculate the price for using the specific link, wherein the market-induced price change is being driven by at least one random variable.

REFERENCES:
patent: 6208977 (2001-03-01), Hernandez et al.
patent: 6631413 (2003-10-01), Aggarwal et al.
patent: 6965867 (2005-11-01), Jameson
patent: 7363371 (2008-04-01), Kirkby et al.
patent: 2002/0004788 (2002-01-01), Gros et al.
patent: 2005/0240539 (2005-10-01), Olavson
patent: 2007/0192463 (2007-08-01), Kaplan
patent: 2406418 (2001-10-01), None
patent: WO 02/085045 (2002-10-01), None
Georgios Cheliotis and Christopher Kenyon, Dynamics of Link Failure Events in Network Markets, 2002.
Ahmed Ben Cheikh and Andre Girard, Pricing and Design of B-ISDN Networks, IEE, 1996.

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