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.

Date of Patent:
Aug. 22, 2006

Filed:

Dec. 14, 2000
Applicants:

Richard Paul Messmer, Rexford, NY (US);

Marc Thomas Edgar, Glenmont, NY (US);

James Louis Cifarelli, Schenectady, NY (US);

Kunter Seref Akbay, Niskayuna, NY (US);

Christopher Donald Johnson, Clifton Park, NY (US);

Inventors:

Richard Paul Messmer, Rexford, NY (US);

Marc Thomas Edgar, Glenmont, NY (US);

James Louis Cifarelli, Schenectady, NY (US);

Kunter Seref Akbay, Niskayuna, NY (US);

Christopher Donald Johnson, Clifton Park, NY (US);

Assignee:
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06F 17/06 (2006.01);
U.S. Cl.
CPC ...
Abstract

A method of valuation of groups of assets by partial full underwriting, partial sample underwriting and inferred values of the remainder using an iterative and adaptive statistical evaluation of all assets. Statistical inferences drawn from the evaluation are applied to generate the inferred values. The assets are collected into a database, catagorized, subdivided by ratings as to those variables and then rated individually. The assets are then regrouped according to a bidding grouping and a collective valuation is established. Simulated bid scenarios are examined for combinations of bid prices and a best bid price according to risk and return is determined.


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