Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Electronic shopping
Reexamination Certificate
2008-07-15
2008-07-15
Zurita, James (Department: 3625)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Electronic shopping
C705S037000
Reexamination Certificate
active
10185167
ABSTRACT:
An auction method for implementing attribute-based bidding and bid comparison in an electronic exchange. A specification defining an auction for an item is received, wherein the specification comprises a plurality of attributes of the item. An attribute defines the functionality of an aspect of the item with respect to the current auction. At least one attribute comprises a value and a score associated with the value and a portion of the plurality of attributes comprise a relative weight. The auction is then published to at least one bidder. A bid is received from a bidder, wherein the bid comprises a value associated with at least one attribute. A composite score for the bid is calculated based on the bid and the specification. A plurality of bids are then ranked based on the composite score for each bid. An evaluation score is calculated for each bid based on the bid price and composite score. A plurality of bids are then ranked based on the evaluation score for each bid.
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Foushee Robert
Hudson Parisa
Srivastava Manish
Stephens Dave
Wang Ngai-Ming
Oracle International Corporation
Zurita James
LandOfFree
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