Patent · US Active

Item reservation

US8301491B2 · kind B2 · utility

1Cited by
1References
15Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJun 23, 2008
Grant dateOct 30, 2012
Priority date
Expiry dateDec 13, 2029

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/00
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Items can be reserved in advance of a future spot market sale. A reservation price can be determined for the item based on an expected spot market price required to obtain the item in the future sport market sale, a time until the spot market sale, and/or market signals. The reservation price can converge to the expected spot market price as the time of the future spot market approaches.

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