Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2006-08-08
2006-08-08
Patel, Jagdish N (Department: 3624)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000
Reexamination Certificate
active
07089204
ABSTRACT:
A process and system that maximizes the sale price of a set of fungible items by allowing multiple independent parties to input purchase or sale orders for the items, which orders may be either dependent on or independent of the results of the maximization of the sale price of another set of fungible items for which multiple independent parties input purchase and sale orders that may be dependent on or independent of the results of the price maximization of a third set of items and where the price maximization of the secondary set of items may be dependent upon the result of the maximization of the first set of items and the maximization of the sale price of the third set of fungible items for which multiple independent parties input purchase and sale orders may be dependent upon the maximization of the sale price of the secondary set of items; thus allowing the sale price of up the three sets of fungible items to be interdependent.
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MilGrom, Paul, “Putting Auction Theory to Work: The Simultaneous Ascending Auction”, Dec. 8, 1997.
Balcarce Pedro (Peter) V.
Eldred Micah James
Nieboer Robert Scott
Ram Vishnu V.
Vemulapalli Sreekanth
5th Market, Inc.
Patel Jagdish N
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