Performing predictive pricing based on historical data

Details Performing predictive pricing based on historical data Performing predictive pricing based on historical data

2006-03-07

2006-03-07

Hayes, John W. (Department: 3639)

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

Automated electrical financial or business practice or...

C705S014270, C705S400000, C705S412000

Reexamination Certificate

active

07010494

ABSTRACT:
Techniques are described for using predictive pricing information for items to assist in evaluating buying and/or selling decisions in various ways, such as on behalf of end-user item acquirers and/or intermediate item providers. The predictive pricing for an item may be based on an analysis of historical pricing information for that item and/or related items, and can be used to make predictions about future pricing information for the item. Such predictions may then be provided to users in various ways to enable comparison of current prices to predicted future prices. In some situations, predictive pricing information is used to assist customers when purchasing airline tickets and/or to assist travel agents when selling airline tickets. This abstract is provided to comply with rules requiring an abstract, and it is submitted with the intention that it will not be used to interpret or limit the scope or meaning of the claims.

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