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:
Sep. 14, 2010
Filed:
Nov. 13, 2006
Hugh Crean, Seattle, WA (US);
Jay Bartot, Seattle, WA (US);
David Hsu, Santa Monica, CA (US);
Oren Etzioni, Seattle, WA (US);
Michael Fridgen, Seattle, WA (US);
Hugh Crean, Seattle, WA (US);
Jay Bartot, Seattle, WA (US);
David Hsu, Santa Monica, CA (US);
Oren Etzioni, Seattle, WA (US);
Michael Fridgen, Seattle, WA (US);
Farecast, Inc., Seattle, WA (US);
Abstract
A method and system for protecting prices is provided. The price protection system increases consumer confidence when making purchases by reducing the risk associated with fluctuating prices. The price protection system receives a purchase specification from a consumer. Next, the price protection system determines the risk that the prices of items matching the purchase specification will change and reports a protected price to the consumer that represents the price that the price protection system will protect based on the determined risk for a protection period. Finally, the price protection system receives a request from the consumer to purchase protection of the protected price.