Invention Grant
- Patent Title: Seller automated engine architecture and methodology for optimized pricing strategies in automated real-time iterative reverse auctions over the internet and the like for the purchase and sale of goods and services
- Patent Title (中): 卖方自动化引擎架构和方法,用于优化定价策略,用于互联网等自动化实时迭代反向拍卖,用于购买和销售商品和服务
-
Application No.: US11880980Application Date: 2007-07-25
-
Publication No.: US07895116B2Publication Date: 2011-02-22
- Inventor: Mukesh Chatter , Rohit Goyal , Shiao-bin Soong
- Applicant: Mukesh Chatter , Rohit Goyal , Shiao-bin Soong
- Agency: Clock Tower Law Group
- Agent Erik J. Heels; Michael A. Bartley
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
An improved seller automated engine architecture methodology particularly (though not exclusively) for use in automated real-time iterative reverse auctions over the Internet and the like for the purchase and sale of goods and services, providing a choice of architectural implementations while enabling price optimization on market share-directed considerations, specific sales target-directed implementations, seller utility derivative-following implementations, model optimizer implementations and explorations, mathematical optimization-oriented and rules-based implementations.
Public/Granted literature
Information query