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System, method and apparatus for demand-initiated intelligent negotiation agents in a distributed network

  • US 20020046157A1
  • Filed: 12/03/2001
  • Published: 04/18/2002
  • Est. Priority Date: 11/01/1999
  • Status: Abandoned Application
First Claim
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1. A system for automated negotiation for procurement of an item using computers that communicate over a distributed network, the system comprising:

  • a buyer'"'"'s intelligent negotiation agent for sending and receiving information regarding at least one selected item to and from a plurality of sellers'"'"' intelligent negotiation agents, said selected item being one of a group of individual product items and individual service items, and said at least one of a plurality of sellers'"'"' intelligent negotiation agents for sending and receiving information regarding said selected item to and from said buyer'"'"'s intelligent negotiation agent, wherein, when said buyer'"'"'s intelligent negotiation agent receives a response to a buyer'"'"'s initial query regarding said selected item from at least one of said plurality of sellers'"'"' intelligent negotiation agents, said buyer'"'"'s intelligent negotiation agent engages in a negotiation with each of said plurality of sellers'"'"' intelligent negotiation agents for procurement of said selected item.

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