System and method for commodity valuation based on online auction bid information
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United States of America Patent
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Jan 12, 2010
Grant Date -
Apr 5, 2007
app pub date -
Dec 4, 2006
filing date -
Dec 8, 2000
priority date (Note) -
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Abstract
A system for determining latent demand for at least one of a plurality of commodities includes an offer analyzer and a commodity selector. The offer analyzer analyzes at least a plurality of initially unaccepted offers for each of the plurality of commodities. The commodity selector selects at least one of the plurality of commodities to offer for sale which satisfies at least one criteria based on the analysis by the offer analyzer.
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