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:
Jan. 31, 2012
Filed:
Jun. 27, 2002
Kareem Benjamin, San Francisco, CA (US);
Manish Srivastava, San Carlos, CA (US);
Kim Powell, Niwot, CO (US);
Parisa Hudson, San Francisco, CA (US);
Erich Stiegler, San Jose, CA (US);
Yu Lung NG, Sunnyvale, CA (US);
Kareem Benjamin, San Francisco, CA (US);
Manish Srivastava, San Carlos, CA (US);
Kim Powell, Niwot, CO (US);
Parisa Hudson, San Francisco, CA (US);
Erich Stiegler, San Jose, CA (US);
Yu Lung Ng, Sunnyvale, CA (US);
Oracle International Corporation, Redwood Shores, CA (US);
Abstract
A method for implementing an offer/counteroffer negotiation. Characteristics of an offer for an item are received, wherein the characteristics comprise at least one term defining the offer. The offer is published to a plurality of bidders. Among the potential responses to the offer, at least one counteroffer is received from a bidder. The counteroffer comprises at least one alternative term. Provided the counteroffer is acceptable, the counteroffer is accepted. Provided the counteroffer is not acceptable, a second counteroffer is transmitted to the bidder, wherein the second counteroffer comprising at least one alternative term with respect to the counteroffer. The present invention allows a negotiator to negotiate terms with one or more bidders individually, outside the constraints of a traditional auction.