System and method for selecting trading partners in an electronic market

• US 20030204467A1
• Filed: 04/26/2002
• Published: 10/30/2003
• Est. Priority Date: 04/26/2002
• Status: Abandoned Application

• Current Assignee: International Business Machines Corporation
• Original Assignee: International Business Machines Corporation
• Inventors: Damodaran-Kamal, Suresh Kumar, Vishik, Claire Svetlana, Kartha, G. Neelakantan
• Application Number:
  US10/132,985
• Publication Number:
  US 20030204467A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 50/188 Electronic negotiation

Abstract

A method for selecting a trading partner in an electronic marketplace includes receiving a request to perform an electronic commercial transaction and retrieving a first profile associated with the request. The method also includes determining whether one or more first elements of the first profile match one or more second elements of each of a plurality of second profiles. The method further includes selecting at least one of the second profiles in response to an exact match.

Claims

1. A method for selecting a trading partner in an electronic marketplace, comprising:

receiving a request to perform an electronic commercial transaction;

retrieving a first profile associated with the request;

identifying one or more first elements of the first profile;

retrieving a plurality of second profiles, the second profiles associated with a subset of a plurality of trading partners;

attempting to match the one or more first elements of the first profile with one or more second elements of the second profiles;

selecting at least one of the second profiles in response to an exact match; and

in response to an absence of an exact match;

retrieving a classification tree associated with the first profile;

computing a score for each second profile using the classification tree; and

selecting at least one of the second profiles based on the computed score.

2. A method for selecting a trading partner in an electronic marketplace, comprising:

receiving a request to perform an electronic commercial transaction;

retrieving a first profile associated with the request;

determining whether one or more first elements of the first profile match one or more second elements of each of a plurality of second profiles; and

selecting at least one of the second profiles in response to an exact match.

3. The method of claim 2, wherein the one or more first elements comprise one or more first key elements of the first profile.

4. The method of claim 3, wherein determining whether the one or more first elements of the first profile match the one or more second elements of the second profiles comprises attempting to match the one or more first key elements of the first profile to one or more second key elements in each of the second profiles.

5. The method of claim 4, wherein attempting to match the one or more first key elements of the first profile to one or more second key elements of the second profiles comprises using propositional logic to represent the key elements.

6. The method of claim 2, further comprising, in response to an absence of an exact match:

retrieving a classification tree associated with the first profile;

computing a score for each second profile using the classification tree; and

selecting at least one of the second profiles based on the computed score.

7. The method of claim 6, further comprising maintaining a running score for each second profile, the running score comprising a highest computed score associated with the second profile.

8. The method of claim 2, wherein the plurality of second profiles comprises a subset of second profiles;

and

further comprising identifying the subset of second profiles based on at least one of a transaction history associated with the first profile and transaction histories associated with the second profiles.

9. The method of claim 2, further comprising creating an electronic market between the first profile and the at least one selected second profile.

10. The method of claim 9, wherein creating the electronic market comprises identifying one or more components of the electronic market based at least partially on the first elements of the first profile.

11. A system for selecting a trading partner in an electronic marketplace, comprising:

logic encoded in one or more media; and

the logic is operable when executed to receive a request to perform an electronic commercial transaction, retrieve a first profile associated with the request, determine whether one or more first elements of the first profile match one or more second elements of each of a plurality of second profiles, and select at least one of the second profiles in response to an exact match.

12. The system of claim 11, wherein the one or more first elements comprise one or more first key elements of the first profile.

13. The system of claim 12, wherein the logic is operable to determine whether the one or more first elements of the first profile match the one or more second elements of the second profiles by attempting to match the one or more first key elements of the first profile to one or more second key elements in each of the second profiles.

14. The system of claim 13, wherein the logic is operable to attempt to match the one or more first key elements of the first profile to one or more second key elements of the second profiles using propositional logic to represent the key elements.

15. The system of claim 11, wherein the logic is further operable to, in response to an absence of an exact match:

retrieve a classification tree associated with the first profile;

compute a score for each second profile using the classification tree; and

select at least one of the second profiles based on the computed score.

16. The system of claim 15, wherein the logic is further operable to maintain a running score for each second profile, the running score comprising a highest computed score associated with the second profile.

17. The system of claim 11, wherein:

the plurality of second profiles comprises a subset of second profiles; and

the logic is further operable to identify the subset of second profiles based on at least one of a transaction history associated with the first profile and transaction histories associated with the second profiles.

18. The system of claim 11, wherein the logic is further operable to create an electronic market between the first profile and the at least one selected second profile.

19. The system of claim 18, wherein the logic is operable to create the electronic market by identifying one or more components of the electronic market based at least partially on the first elements of the first profile.

20. A system for selecting a trading partner in an electronic marketplace, comprising:

at least one memory operable to store a first profile and a plurality of second profiles; and

one or more processors collectively operable to receive a request to perform an electronic commercial transaction and retrieve the first profile, the first profile associated with the request, the one or more processors also collectively operable to determine whether one or more first elements of the first profile match one or more second elements of each of the second profiles and select at least one of the second profiles in response to an exact match.

21. The system of claim 20, wherein the one or more first elements comprise one or more first key elements of the first profile.

22. The system of claim 21, wherein the one or more processors are collectively operable to determine whether the one or more first elements of the first profile match the one or more second elements of the second profiles by attempting to match the one or more first key elements of the first profile to one or more second key elements in each of the second profiles.

23. The system of claim 22, wherein the one or more processors are collectively operable to attempt to match the one or more first key elements of the first profile to one or more second key elements of the second profiles using propositional logic to represent the key elements.

24. The system of claim 20, wherein the one or more processors are further collectively operable to, in response to an absence of an exact match:

retrieve a classification tree associated with the first profile;

compute a score for each second profile using the classification tree; and

select at least one of the second profiles based on the computed score.

25. The system of claim 24, wherein the one or more processors are further collectively operable to maintain a running score for each second profile, the running score comprising a highest computed score associated with the second profile.

26. The system of claim 20, wherein:

the plurality of second profiles comprises a subset of second profiles; and

the one or more processors are further collectively operable to identify the subset of second profiles based on at least one of a transaction history associated with the first profile and transaction histories associated with the second profiles.

27. The system of claim 20, wherein the one or more processors are further collectively operable to create an electronic market between the first profile and the at least one selected second profile.

28. The system of claim 27, wherein the one or more processors are collectively operable to create the electronic market by identifying one or more components of the electronic market based at least partially on the first elements of the first profile.