Patent ID: 9537727
Date: 2017-01-03
CPC Classifications: G06Q,H04L

Claim:
1. A method for allocating a supply of discrete, depleting chips for obtaining desired service level characteristics, comprising: allocating a party a fixed quantity of chips for bidding on a computational resource; allocating a second party a different quantity of chips for bidding on the computational resource; receiving a first bid for the computational resource using an amount of the fixed quantity of chips pursuant to a discrete event for the computational resource and receiving a second bid using an amount of the different quantity of chips pursuant to the discrete event, the first and second bids being received by a resource unit broker, the resource unit broker identifying a winner of the computational resource utilizing a ratio of resources allocation, wherein the winner receives a ratio of the computational resource equal to the ratio of a total bid from all parties, the ratio of the computational resource comprising a percentage of an overall capacity of a CPU resource; wherein the first bid is received from a first agent representing the first party and the second bid is received from a second agent representing the second party, wherein the first and second agent engage in cooperative negotiations on behalf of the first and second party, and wherein the first agent and the second agent comprise buyer's agents; debiting the fixed quantity of chips by the amount of the first bid in response to the first party being awarded the ratio of the computational resource and debiting the different quantity of chips by the amount of the second bid in response to the second party being awarded the ration of the computational resource; receiving a third bid for the computational resource using a portion of the fixed quantity of chips remaining after the debiting; and debiting the fixed quantity of chips remaining after the debiting by the portion in response to the first party being awarded the ratio of the computational resource for the pre-determined duration.