Methods and systems for market clearance
US7349879B2 · kind B2 · utility
Inventors
Key dates
| Filing date | Dec 1, 2000 |
| Grant date | Mar 25, 2008 |
| Priority date | — |
| Expiry date | Oct 28, 2024 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
In a marketplace, offers are processed that are intended to be associated with other offers in a pool. The offers specify conditions for acceptance. Improvable offers are received that are capable of being associated with offers having more favorable specifications than initial offers associated with the improvable offers. Nonimprovable offers that have more favorable specifications than initial offers associated with improvable offers are identified. The identified nonimprovable offers are associated with corresponding improvable offers. Straddles, which comprise a set of offers and a limit on the associations, may span multiple pools. Information about the marketplace may be obtained from data generated by the operation of the marketplace.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.