Method and structure for bid winning probability estimation...

Details Method and structure for bid winning probability estimation... Method and structure for bid winning probability estimation...

2006-11-21

2006-11-21

Poinvil, Frantzy (Department: 3628)

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

Automated electrical financial or business practice or...

Finance

C705S001100, C705S03600T

Reexamination Certificate

active

07139733

ABSTRACT:
A method (and structure) for developing a distribution function for the probability of winning a bid by a seller for a product or service, using the seller's own historical data for winning bids and lost bids, includes normalizing the data for winning bids and the data for lost bids and merging the normalized data into a single set of data.

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patent: 6401080 (2002-06-01), Bigus et al.
patent: 6415270 (2002-07-01), Rachson et al.
patent: 1 054 336 (2000-11-01), None
Business Wire, Bid.com Announces www.dutchauction.com, Oct. 28, 1998, Dialog file 16, Accession No. 05914806.

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