Market system and method for promotion of innovations to...

Details Market system and method for promotion of innovations to... Market system and method for promotion of innovations to...

2004-12-08

2009-12-08

Elisca, Pierre E (Department: 3621)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

C705S030000, C705S032000

Reexamination Certificate

active

07630906

ABSTRACT:
A public policy auction system for providing a monetary incentive for the adoption of efficient public policies, which encourages constituents of multiple government houses (house, senate, committee, councils, etc.) at different levels (federal, state, local, international) to bid on attempts to persuade members of those government houses to vote on legislation. The system generally comprises a series of hierarchical negotiations and auctions for the proprietary right to receive a portion of the savings generated from the efficiency of a given public policy. The system is administered over the Internet by a series of software modules. The basic functions are registration of constituents and legislators; logon authorization; a password protected administrative section for setting up auctions and associated support functions; auction functions consisting of two phases, a bidding phase and a lobbying phase, including calculations; support, reporting and graphical views; and a public section for announcements and electronic mail.

REFERENCES:
patent: 6112188 (2000-08-01), Hartnett
patent: 6243691 (2001-06-01), Fisher et al.
patent: 2005182587 (2005-07-01), None

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