Patent ID: 8458011

Claim:
A method of dynamic pricing of a resource, the method comprising: determining a first set of anticipated demands for one or more users to acquire the resource according to uncertainty of the one or more users in preferring one or more certain time periods of a plurality of time periods for acquiring the resource, wherein prices for the resource differ between at least two of the plurality of time periods and each anticipated demand of the first set is associated with a different one of the plurality of time periods; determining a second set of anticipated demands for the one or more users to acquire the resource when a constant price for the resource is the same for all of the plurality of time periods, each anticipated demand of the second set is associated with a different one of the plurality of time periods; and setting prices for the resource during each of the plurality of time periods according to the determined first set of anticipated demands and the determined second set of anticipated demands; wherein one or more of the determining of the first set of anticipated demands and the setting of prices are implemented as instruction code executed on a processor device; wherein one or more anticipated demands of the second set associated with one or more of the plurality of time periods is greater than one or more capacities for providing the resource during the one or more of the plurality of time periods; and wherein the setting of the prices reduces anticipated demand from the one or more anticipated demands of the second set to be equal to or less than the one or more capacities.