Multiprice commerce service

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20040193501A1
SERIAL NO

10397087

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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The Multiprice Commerce Service includes a method of procuring transactions between a vendor and customers of a Hyper Operator. The Hyper Operator constructs a real-time varying sellers' function which is a representation of the willingness of the vendor to sell a product as a function of price. The customers detect a sell offer for the product and each transmits a maximum price that she is willing to pay. The Hyper Operator aggregates the buy offers, constructs a real-time varying buyers' function which continuously compares the buyers' function to the sellers' function and when a comparison yields a profit level that at least meets a predetermined target level specified by the vendor, consummates a sale of the product between a qualifying customer and the vendor, all sales of the product to different buyers being conducted by the Hyper Operator in a single aggregate transaction.

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Patent Owner(s)

Patent OwnerAddress
DOCOMO COMMUNICATIONS LABORATORIES USA INC3240 HILLVIEW AVENUE PALO ALTO CA 94304-1201

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Allen, Lee San Jose, CA 8 566

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