Virtual marketplace agent technology
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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N/A
Issued Date -
Oct 2, 2003
app pub date -
Apr 2, 2002
filing date -
Apr 2, 2002
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A virtual marketplace employing automated agents. Buyer agents and seller agents interface via a market-clearing agent to using a common vocabulary by which the clearing agent can negotiate matches between buyers' and sellers' offers represented respectively by the buyer agent and seller agent modeled for a transaction. Mathematical modeling and problem solver technology is employed for each of the agents such that negotiations over a bid-offer transaction can be automatically solved.
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