Functional pricing for computer internet market

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Electronic shopping

Reexamination Certificate

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Reexamination Certificate

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07430526

ABSTRACT:
A method of conducting sales over the computer internet where the prices of the merchandises are dynamic functions of time instead of static rational numbers. In one embodiment, this method and system is a free market place that's able to conduct single-unit or multiple-unit sales of products and services from multiple sellers. In this market place, negotiation of the price does not require either side to make arbitrary offers, and further, with a large pool of prospect buyers, the true, current market value of the on sale products and services can be automatically reflected and updated through the purchases made.

REFERENCES:
patent: 2002/0095391 (2002-07-01), Swart et al.
patent: 2003/0023500 (2003-01-01), Boies et al.
patent: 2003/0065598 (2003-04-01), Bunda
patent: 2005/0144111 (2005-06-01), Manstein et al.
patent: 2006/0047581 (2006-03-01), La Mura et al.
Arlena Sawyers, Automotive News, Detroit, Jun. 19, 2006, vol. 80, Iss. 6208, p. 40, 1 pgs http://proquest.umi.com/pqdweb?did=1072376801&sid=2&Fmt=3&clientId=19649&RQT=309&VName=PQD.
International Search Report for corresponding Foreign Application PCT/US07/18514, mailed Jan. 28, 2008.

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