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:
Apr. 03, 2007
Filed:
Apr. 07, 2000
Frederick Yung-fung Wu, Cos Cob, CT (US);
Frederick Yung-Fung Wu, Cos Cob, CT (US);
International Business Machines Corporation, Armonk, NY (US);
Abstract
A way to conduct complex transactions by auction efficiently and with a high degree of automation is provided by a methodology for conducting auctions in which bids contain multiple attributes, as opposed to a single attribute (price). Bidders are requested to specify values for each of a set of attributes, which can include transaction terms as well as product and/or service specifications. The bids are evaluated according to criteria that are functions of these attributes in order to reject losing bids and assist the auctioneer in selecting the winning bid(s).
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile