Method for selecting a group of bidders for a current...

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

Reexamination Certificate

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

C705S027200

Reexamination Certificate

active

07401035

ABSTRACT:
A method and system for selecting potential bidders or suppliers for a current electronic auction by using quantitative models to create a prioritized list of potential suppliers. A prioritization software analyzes a supplier's bidding participation history and bidding competitiveness history from the bidding data collected for all prior auctions in which the supplier participated or was requested by the auction coordinator to participate. Using the prior bid data, the software generates a participation score and a competitiveness score for the supplier. The participation and competitiveness scores may be combined to generate a combined score. All potential suppliers may be prioritized based on any of these scores individually or a combination of two or more of these scores. The prioritization list generated using quantitative values instead of subjective values minimizes the amount of unnecessary calls to potential suppliers and maximizes the likelihood that a called supplier will place a competitive bid in the current auction, thereby increasing the bidding yield per supplier selected.

REFERENCES:
patent: 3581072 (1971-05-01), Nymeyer
patent: 3863060 (1975-01-01), Rode et al.
patent: 4597045 (1986-06-01), Kiuchi
patent: 4674044 (1987-06-01), Kalmus et al.
patent: 4789928 (1988-12-01), Fujisaki
patent: 4799156 (1989-01-01), Shavit et al.
patent: 4845625 (1989-07-01), Stannard
patent: 4992940 (1991-02-01), Dworkin
patent: 5136501 (1992-08-01), Silverman et al.
patent: 5193056 (1993-03-01), Boes
patent: 5243515 (1993-09-01), Lee
patent: 5297032 (1994-03-01), Trojan et al.
patent: 5375055 (1994-12-01), Togher et al.
patent: 5394324 (1995-02-01), Clearwater
patent: 5402336 (1995-03-01), Spiegelhoff et al.
patent: 5606602 (1997-02-01), Johnson et al.
patent: 5629982 (1997-05-01), Micali
patent: 5640569 (1997-06-01), Miller et al.
patent: 5664115 (1997-09-01), Fraser
patent: 5684963 (1997-11-01), Clement
patent: 5689652 (1997-11-01), Lupien et al.
patent: 5715402 (1998-02-01), Popolo
patent: 5727165 (1998-03-01), Ordish et al.
patent: 5758327 (1998-05-01), Gardner et al.
patent: 5758328 (1998-05-01), Giovannoli
patent: 5765138 (1998-06-01), Aycock et al.
patent: 5774873 (1998-06-01), Berent et al.
patent: 5794207 (1998-08-01), Walker et al.
patent: 5794219 (1998-08-01), Brown
patent: 5797127 (1998-08-01), Walker et al.
patent: 5799151 (1998-08-01), Hoffer
patent: 5799285 (1998-08-01), Klingman
patent: 5802502 (1998-09-01), Gell et al.
patent: 5803500 (1998-09-01), Mossberg
patent: 5809483 (1998-09-01), Broka et al.
patent: 5826244 (1998-10-01), Huberman
patent: 5832496 (1998-11-01), Anand et al.
patent: 5835896 (1998-11-01), Fisher et al.
patent: 5862223 (1999-01-01), Walker et al.
patent: 5890138 (1999-03-01), Godin et al.
patent: 5897621 (1999-04-01), Boesch et al.
patent: 5905974 (1999-05-01), Fraser et al.
patent: 5905975 (1999-05-01), Ausubel
patent: 5915209 (1999-06-01), Lawrence
patent: 5966699 (1999-10-01), Zandi
patent: 6014627 (2000-01-01), Togher et al.
patent: 6021398 (2000-02-01), Ausubel
patent: 6023685 (2000-02-01), Brett et al.
patent: 6044363 (2000-03-01), Mori et al.
patent: 6055518 (2000-04-01), Franklin et al.
patent: 6058379 (2000-05-01), Odom et al.
patent: 6061663 (2000-05-01), Bloom et al.
patent: 6078906 (2000-06-01), Huberman
patent: 6119229 (2000-09-01), Martinez et al.
patent: 6151589 (2000-11-01), Aggarwal et al.
patent: 6161099 (2000-12-01), Harrington et al.
patent: 6199050 (2001-03-01), Alaia et al.
patent: 6266652 (2001-07-01), Godin et al.
patent: 6366891 (2002-04-01), Feinberg
patent: 2001/0027431 (2001-10-01), Rupp et al.
patent: 2001/0029480 (2001-10-01), Ishikawa et al.
patent: 2002/0002526 (2002-01-01), Kotas
patent: 2002/0099643 (2002-07-01), Abeshouse et al.
patent: 2003/0014326 (2003-01-01), Ben-Meir et al.
patent: 0 399 850 (1990-11-01), None
patent: 9101994 (1997-04-01), None
patent: 10078992 (1998-03-01), None
patent: WO 92/15174 (1992-09-01), None
patent: WO 97/37315 (1997-10-01), None
patent: WO 98/34187 (1998-08-01), None
patent: WO 99/63461 (1999-12-01), None
Business editors, “Perfect and Open Ratings Form Alliant to Provide Critical Supplier Performance Ratings to Private Exchanges and Net Markets,” Business Wire, New York, Oct. 30, 2000, p. 1.
J. Sairamesh, et al., “Economic Framework for Pricing and Charging in Digital Libraries,” D-Lib Magazine, ISSN 1082-9873 (Feb. 1996).
Banatre, et al., “The design and building of Enchere, a distributed electronic marketing system,” XP000002077, Communications of the ACM, vol. 29, No. 1, pp. 19-29 (Jan. 1986).
Danny Cohen, Computerized Commerce, XP000079818, Information Processing '89—Proceedings of the IFIP 11th World Computer Congress, pp. 1095-1100 (Aug. 28-Sep. 1, 1989).
Thomas W. Malone, et al., “The Logic of Electronic Markets,” Harvard Business Review, No. 893II, 4-7 (May-Jun. 1989).
Whit Andrews, “Auctions Catch the Interest of Hobbyists and Big Business,” 3 pgs. (Aug. 24, 1998).
Associated Press, “Auction on Web is Buyer's Market,” 4 pgs. (Apr. 6, 1998).
Scott Woolley, “E-muscle,” Forbes Magazine (Mar. 9, 1998).
Art Jahnke, “How Bazaar,” Purchasing Strategis, pp. 1-6, Aug. 27, 1998.
Clinton Wilder, “What's Your Bid?—FreeMarkets' real-time online bidding technology lets clients drive down costs and improve product value,” Information Week, Section: Trends—Electronic Purchasing, Issue No. 656 (Nov. 10, 1997).
Online Bidding Software, Electronic Buyers' News, Issue No. 1072, p. 86, 1/6p (Aug. 25, 1997).
“FairMarket Launches New Self-Serve Auctions,” Business Wire, p6161495 (Jun. 16, 1998).
“Broadvision Developing First Interactive Commerce Management System to Suporrt Online Sales & Marketing Process; New Software Category Necessary to Interactive Network Architecture,” Business Wire, p. 5150152 (May 15, 1995).
Lee, Ho Geun, “Do electronic marketplaces lower the price of goods/” Communications of the PCM, V. 41, No. 1, pp. 73-80 (Jan. 1998).
“Sold!. . . To the Lowest Bidder,” Computer Finance, vol. 6, No. 2 (Jul. 1995).
“Venture Capitalists Fund Two Massachusettes Internet Related Companies,” Boston Globe (Jan. 14, 1998).
Von det Fehr, et al., “Predatory bidding in Sequential Auctions,” Oxford Economic Papers, vol. 46, No. 3, p. 345(12) (Jul. 1994).
“Moai Technologies Introduces New Categories of Business-to-Business Auction Software,” Business Editors and Computer Writers (Mar. 16, 1998).
H. Kikuchi, Michael Harkavy, and J.D. Tygar, Multi-round Anonymous Auction, In Proceedings of the First IEEE Workshop on Dependable and Real-Time E-Commerce Systems (Dare '98), pp. 62-69, Jun. 1998.
Vigoroso, “Buyers prepare for brave new World of E-Commerce,” Purchasing, vol. 126, No. 6, p. S4(1) (Apr. 22, 1999).
“What you need to know to bid in FCC's Narrowband Auction,” Washington Telecom News, vol. 2, No. 26, p. 6(2) (Jun. 27, 1994).

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Method for selecting a group of bidders for a current... does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Method for selecting a group of bidders for a current..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Method for selecting a group of bidders for a current... will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-3963764

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.