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. 17, 2013
Filed:
Feb. 12, 2008
Robert M. Fell, Summerland, CA (US);
Scott Painter, Bel Air, CA (US);
Michael R. Bonsignore, Seattle, WA (US);
Brian P. Reed, Southlake, TX (US);
Gary A. Magnuson, Corpus Christi, TX (US);
Robert M. Fell, Summerland, CA (US);
Scott Painter, Bel Air, CA (US);
Michael R. Bonsignore, Seattle, WA (US);
Brian P. Reed, Southlake, TX (US);
Gary A. Magnuson, Corpus Christi, TX (US);
Pricelock, Inc., Redwood City, CA (US);
Abstract
Disclosed are a method and system for determining a retail price for a commodity within a geographic boundary. Retail prices for the commodity may be obtained from various sources, such as observers, third-party reporting, transactional data, and self-reporting. The retail price for each source may be analyzed to determine a risk factor. The retail prices from all sources associated with a location may be compared to determine a composite retail price for the location. The retail prices for all the locations within the geographic boundary may be analyzed to generate an aggregate composite price for the commodity within the geographic boundary. The analysis may include using a weighted formula. The analysis may include a volume proxy.