US Patent:
20070106593, May 10, 2007
Inventors:
Grant Lin - Arcadia CA, US
International Classification:
G06Q 40/00
Abstract:
An adaptive stochastic transaction system in which a vendor or first transactor offers a trade object to a vendee or second transactor at a variable, stochastic offer value formed from a pseudorandom value. The vendor communicates the stochastic offer value to the vendee in the form of a stochastic decision tuple, including an offer interval signifying the validity period of the offer value. The tuple is formed and communicated to incline the vendee to accept the offer for the trade object. The system is adaptive in that vendee and communication system responses are monitored to maximize transaction system enterprise parameters.
