Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2005-05-10
2005-05-10
McClellan, James S. (Department: 3627)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S026640
Reexamination Certificate
active
06892186
ABSTRACT:
An electronic trading entity (400) comprises a computing device having a processor, memory, user interface, and communications functionality, the computer entity comprising an algorithm (700) for monitoring a plurality of auction entities remotely over the internet; a algorithm (701) for calculating bids and for purchase of goods/services with a plurality of auction entities; an algorithm (702) for selecting individual auction entities with which to trade; a web browser (506) to allow a user to search for auction entities and add these to a stored list of entities at the bidding device. Bid calculation and offer calculation algorithms operate to optimally place bids at a lowest overall cost to the trading entity, or place offers with the object of obtaining the highest overall monetary figures for goods or services for sale by the trading entity.
REFERENCES:
patent: 5640569 (1997-06-01), Miller et al.
patent: 5715402 (1998-02-01), Popolo
patent: 5826244 (1998-10-01), Huberman
patent: 5845265 (1998-12-01), Woolston
patent: 5966699 (1999-10-01), Zandi
patent: 6044363 (2000-03-01), Mori et al.
patent: 6119101 (2000-09-01), Peckover
patent: 6401080 (2002-06-01), Bigus et al.
patent: 6401085 (2002-06-01), Gershman et al.
patent: 6408283 (2002-06-01), Alaia et al.
patent: 6449601 (2002-09-01), Friedland et al.
patent: 6499018 (2002-12-01), Alaia et al.
patent: 6549904 (2003-04-01), Ortega et al.
patent: 0987644 (2000-03-01), None
patent: WO 9834187 (1998-08-01), None
Bidders Edge: Bidder's Edge Offers Online Shoppers the Best of eBay and Auction Universe, Dec. 21, 1998.*
iTrack's Tommy Tracker Helps Subsribers Tailor Seaches Across Multiple Auction Sites, Jun. 29, 1999.*
Wurman, et al. “The Michigan Internet AuctionBot: A Configurable Auction Server For Human And Software Agents”, pp. 301-308, May 13, 1998.
Maes, et al. “Agents That Buy And Sell”, pp. 81-91, Mar. 3, 1999.
Tsvetovatyy, t al. “MAGMA: An Agent-Based Virtual Market For Electronic Comm rc ”, pp. 501-523, Feb 3, 1998.
Hewlett--Packard Development Company, L.P.
McClellan James S.
Thomas Kayden Horstemeyer & Risley, L.L.P.
LandOfFree
Auction method and apparatus for electronic commerce does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Auction method and apparatus for electronic commerce, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Auction method and apparatus for electronic commerce will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-3463212