The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Mar. 15, 2005
Filed:
Jul. 06, 2000
Neelakantan Sundaresan, San Jose, CA (US);
Ankur Datta Sharma, Sunnyvale, CA (US);
Ravi V. Condamoor, Sunnyvale, CA (US);
Neelakantan Sundaresan, San Jose, CA (US);
Ankur Datta Sharma, Sunnyvale, CA (US);
Ravi V. Condamoor, Sunnyvale, CA (US);
NehaNet Corp., San Jose, CA (US);
Abstract
A multi-attribute trading system creates value for both the buyer and seller. A spread or net value between the buyer's true value and the seller's true value is divided among the buyer, seller, and trading system. Multiple true values are inputted by a buyer for products with varied attribute specifications such as travel services. These multiple values are stored in a buyer attribute tree. Likewise, the seller specifies multiple true values for a multi-attribute product that are stored in a seller attribute tree. The trading system compares the buyer attribute tree to the seller attribute tree. For each specification of the multiple attributes, the spread or difference between the buyer-specified true value and the seller-specified true value is calculated. The attribute specification producing the maximum of these spreads is selected for trading.