Method and data structure for participation in multiple negotiations
US7433841B2 · kind B2 · utility
8Cited by
17References
5Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Mar 8, 2002 |
| Grant date | Oct 7, 2008 |
| Priority date | — |
| Expiry date | Apr 22, 2025 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q50/188
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method of participating by a purchaser in a plurality of negotiations for purchasable items, where an item may be a good or a service, in order to obtain one of a plurality of alternative collections of complementary purchasable items, comprising maintaining a probabilistic model of said negotiations and making bids or offers to increase the probability of success in negotiations for purchasable items in one of said alternative collections determined from current states of said negotiations and said probabilistic model as providing a largest expectation of value to the purchaser.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.