Patent · US Active

Determination of banding start price for order evaluation

US8666875B1 · kind B1 · utility

6Cited by
2References
22Claims
0Family size

Assignee

Inventors

Key dates

Filing dateAug 15, 2012
Grant dateMar 4, 2014
Priority date
Expiry dateAug 15, 2032

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/04
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A banding start price may be generated using one of multiple subroutines. Each of the subroutines may generate a banding start price using a different algorithm and may have different input data criteria. Each of those subroutines may be ranked based expected accuracy of a price output by the subroutine. The banding start price may be generated by the highest ranking subroutine for which there is input data satisfying relevant criteria.

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