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. 11, 2012
Filed:
Aug. 22, 2003
Bryan Kerry Devlin, Los Altos, CA (US);
Mark Hill, Los Altos, CA (US);
Bryan Kerry Devlin, Los Altos, CA (US);
Mark Hill, Los Altos, CA (US);
Earthtrax, Inc., Los Altos, CA (US);
Abstract
Methods, apparatuses and systems directed to an auction optimization system that assists users in determining one or more parameters associated with a planned auction. In one embodiment, the auction optimization system computes a predicted final auction price for a given item based on historical auction data associated with the same or similar items. In other embodiments, the auction optimization system is operative to compute suggestions for various auction parameters, such as starting price, start time, duration, and reserve price. In certain embodiments, the auction optimization system uses novel data gathering techniques that minimize the load on on-line auction facilities and gather data in a manner consistent with the use policies associated with on-line auction facilities.