Patent · US Active

Method and system for similar auction identification

US7877298B2 · kind B2 · utility

0Cited by
5References
19Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJan 6, 2009
Grant dateJan 25, 2011
Priority date
Expiry dateJan 6, 2029

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q30/0601
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Methods, apparatuses and systems directed to the identification of a set of auctions which are similar, or relevant, to a contemplated or model auction. In one embodiment, the similar auction identification system uses a model auction, including keywords and other information contained in a data structure that characterize attributes of the auction, as input data to identify a set of auctions that are similar or analytically relevant to the model auction. In one implementation, the resulting set of identified auctions allows a user to efficiently analyze the auctions in assessing the starting parameters of a contemplated auction, or for assessing the latest bid price in a currently pending auction. In one implementation, the set of identified auctions can be used as an input to an auction optimization system that, for example, computes a set of suggested auction parameters for a contemplated auction, and/or computes one or more predicted behavioral attributes for a contemplated auction.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.