Dynamic Transaction Display Control for Demand-Supply Balance
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Solution Overview
Problem
In sales and purchase transactions, especially for non-financial instruments like used articles or services, the law of one price does not hold, making it difficult to accurately represent demand-supply distributions using traditional price-based charts, as prices vary due to differing characteristics.
Innovation Solution
A program and information processing method that dynamically control the display of transaction orders in a transaction market based on multiple elements, including desired transaction prices and characteristics of the transaction object, allowing for a more accurate representation of demand-supply balance.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Measurement precision
If traditional price-based charts are used to represent transaction distribution, then the display is simple and easy to understand, but the accuracy of representing demand-supply balance deteriorates when transaction objects have varying characteristics
Solution Approach 1:
The patent transitions from traditional one-dimensional price-based charts to multi-dimensional display that incorporates both price and characteristics of transaction objects. The control unit dynamically adjusts display parameters based on multiple elements including desired transaction price and at least one characteristic of the transaction object, enabling accurate representation of demand-supply balance in multi-dimensional transaction spaces.
Solution Approach 2:
The display control is made dynamic rather than static. The control unit dynamically controls the display regarding distribution based on two or more elements including desired transaction price and characteristics of transaction objects. This dynamic adjustment allows the system to adapt to varying transaction conditions and accurately represent demand-supply balance across different market states.
2Measurement precision
If multiple elements including price and characteristics are used to control display dynamically, then the accuracy of demand-supply representation improves, but the complexity of the control system increases
Solution Approach 1:
The control unit is designed with multi-functionality to handle various transaction types and characteristics. It can process different kinds of transaction objects (financial instruments, used articles, services) and adapt its display control based on the specific characteristics involved, making a single system capable of accurately representing diverse transaction distributions without requiring separate specialized systems.
Solution Approach 2:
The system changes display parameters dynamically based on the characteristics of transaction objects. The control unit adjusts display parameters according to the specific elements being analyzed (price, characteristics, their combinations), allowing flexible and accurate representation of demand-supply balance across different transaction scenarios without fixed rigid control structures.
3Ease of operation
If the law of one price is applied to transactions with varying characteristics, then pricing is simplified, but the accuracy of transaction representation deteriorates
Solution Approach 1:
The patent applies local quality by considering specific characteristics of individual transaction objects rather than treating all transactions uniformly. The control unit dynamically controls display based on at least one characteristic of the transaction object, allowing each transaction to be represented with its specific quality attributes (such as condition, specifications, or other relevant characteristics) in addition to price, thereby accurately representing transactions where the law of one price does not hold.
Data Source
AI summary
There is provided a program, an information processing apparatus, and an information processing method which are able to represent a demand-supply balance that reflects a characteristic of a transaction object, more accurately. The program causes a computer to function as a control unit that, on the basis of inputted transaction orders, controls a display regarding a distribution of the transaction orders in a transaction market, where the transaction orders include a provision order inputted by a provider who desires to provide a transaction object and a reception order inputted by a receiver who desires to receive the transaction object, and the control unit dynamically controls the display regarding the distribution on the basis of two or more elements including a desired transaction price related to each of the provision order and the reception order and including at least one or more characteristics of the transaction object.