WO2005040982A3 - Computerized transaction bargaining system and method - Google Patents

Computerized transaction bargaining system and method Download PDF

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Publication number
WO2005040982A3
WO2005040982A3 PCT/US2004/033444 US2004033444W WO2005040982A3 WO 2005040982 A3 WO2005040982 A3 WO 2005040982A3 US 2004033444 W US2004033444 W US 2004033444W WO 2005040982 A3 WO2005040982 A3 WO 2005040982A3
Authority
WO
WIPO (PCT)
Prior art keywords
condition
power round
satisfaction
satisfied
bargaining system
Prior art date
Application number
PCT/US2004/033444
Other languages
French (fr)
Other versions
WO2005040982A2 (en
Inventor
James D Burchetta
Charles S Brofman
Original Assignee
Cybersettle Com Inc
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Priority to JP2006534444A priority Critical patent/JP4943154B2/en
Priority to EP04794716A priority patent/EP1692644A4/en
Priority to GB0607224A priority patent/GB2422036A/en
Priority to MXPA06003962A priority patent/MXPA06003962A/en
Priority to CA002542156A priority patent/CA2542156A1/en
Priority to EA200600744A priority patent/EA009440B1/en
Application filed by Cybersettle Com Inc filed Critical Cybersettle Com Inc
Priority to BRPI0415214-0A priority patent/BRPI0415214A/en
Priority to AU2004284772A priority patent/AU2004284772A1/en
Publication of WO2005040982A2 publication Critical patent/WO2005040982A2/en
Publication of WO2005040982A3 publication Critical patent/WO2005040982A3/en
Priority to IL174900A priority patent/IL174900A0/en
Priority to NO20062095A priority patent/NO20062095L/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/08—Payment architectures
    • G06Q20/10—Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G06Q30/0601—Electronic shopping [e-shopping]
    • G06Q30/0613—Third-party assisted
    • G06Q30/0619—Neutral agent
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G06Q30/0601—Electronic shopping [e-shopping]
    • G06Q30/0641—Shopping interfaces
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G06Q30/08—Auctions
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/04—Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/08—Insurance
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q50/00—Systems or methods specially adapted for specific business sectors, e.g. utilities or tourism
    • G06Q50/10—Services
    • G06Q50/18—Legal services; Handling legal documents
    • G06Q50/188—Electronic negotiation

Abstract

A method and system for automated bargaining is disclosed. The method and system are used in testing non-equal values in normal rounds for satisfaction of a condition. If the condition is not satisfied in the normal rounds, power round values are tested for satisfaction of a power round condition. If the power round condition is satisfied, a binding bargained payment is calculated. Additional options involve an automated facilitator, windfalls to initiators, automatic payment initiation, multiparty aggregation and automatic agreement document generation.
PCT/US2004/033444 2003-10-10 2004-10-08 Computerized transaction bargaining system and method WO2005040982A2 (en)

Priority Applications (10)

Application Number Priority Date Filing Date Title
EP04794716A EP1692644A4 (en) 2003-10-10 2004-10-08 Computerized transaction bargaining system and method
GB0607224A GB2422036A (en) 2003-10-10 2004-10-08 Computerized transaction bargaining system and method
MXPA06003962A MXPA06003962A (en) 2003-10-10 2004-10-08 Computerized transaction bargaining system and method.
CA002542156A CA2542156A1 (en) 2003-10-10 2004-10-08 Computerized transaction bargaining system and method
EA200600744A EA009440B1 (en) 2003-10-10 2004-10-08 Computerized transaction bargaining system and method
JP2006534444A JP4943154B2 (en) 2003-10-10 2004-10-08 Computerized transaction negotiation system and method
BRPI0415214-0A BRPI0415214A (en) 2003-10-10 2004-10-08 system and computerized process for transaction negotiation
AU2004284772A AU2004284772A1 (en) 2003-10-10 2004-10-08 Computerized transaction bargaining system and method
IL174900A IL174900A0 (en) 2003-10-10 2006-04-10 Computerized transaction bargaining system and method
NO20062095A NO20062095L (en) 2003-10-10 2006-05-09 System and procedure for computer-based transaction negotiation

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US10/683,821 2003-10-10
US10/683,821 US7840440B2 (en) 1998-08-06 2003-10-10 Computerized transaction bargaining system and method

Publications (2)

Publication Number Publication Date
WO2005040982A2 WO2005040982A2 (en) 2005-05-06
WO2005040982A3 true WO2005040982A3 (en) 2005-12-29

Family

ID=34422837

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2004/033444 WO2005040982A2 (en) 2003-10-10 2004-10-08 Computerized transaction bargaining system and method

Country Status (15)

Country Link
US (5) US7840440B2 (en)
EP (1) EP1692644A4 (en)
JP (2) JP4943154B2 (en)
CN (1) CN1894708A (en)
AU (1) AU2004284772A1 (en)
BR (1) BRPI0415214A (en)
CA (1) CA2542156A1 (en)
EA (1) EA009440B1 (en)
GB (2) GB2422036A (en)
IL (1) IL174900A0 (en)
MX (1) MXPA06003962A (en)
NO (1) NO20062095L (en)
PL (1) PL380450A1 (en)
WO (1) WO2005040982A2 (en)
ZA (1) ZA200602896B (en)

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AU2004284772A1 (en) 2005-05-06
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US20080126254A1 (en) 2008-05-29
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US7831480B2 (en) 2010-11-09
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US8335746B2 (en) 2012-12-18
US8150775B2 (en) 2012-04-03
US20070118486A1 (en) 2007-05-24
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US7840440B2 (en) 2010-11-23
US20080065558A1 (en) 2008-03-13
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