Adaptive stochastic transaction system
First Claim
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1. A trading system, comprising:
- a vendor disposed to propose an object offer at an offer value;
a vendee disposed to accept the object offer at a purchase value;
a communication link coupling the vendor and the vendee, whereby the vendor and the vendee communicate data relative to an object offer;
wherein the vendor proposes the object offer to the vendee through the communication link;
wherein the data relative to an object offer includes a stochastic tuple related to the offer value; and
wherein the vendee is induced to accept the object offer having the offer value being one of generally equal to and less than the purchase value.
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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.
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Citations
31 Claims
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1. A trading system, comprising:
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a vendor disposed to propose an object offer at an offer value;
a vendee disposed to accept the object offer at a purchase value;
a communication link coupling the vendor and the vendee, whereby the vendor and the vendee communicate data relative to an object offer;
wherein the vendor proposes the object offer to the vendee through the communication link;
wherein the data relative to an object offer includes a stochastic tuple related to the offer value; and
wherein the vendee is induced to accept the object offer having the offer value being one of generally equal to and less than the purchase value. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16)
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17. A transaction system, comprising a first transactor and a second transactor coupled by a communication route, wherein the first transactor signals a stochastic decision tuple to the second transactor, and wherein the stochastic decision tuple induces a behavior in the second transactor.
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18. A method for effecting a transaction of an object offered at a offer value by a first transactor being accepted by a second transactor, comprising:
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a. generating a stochastic tuple corresponding to the offer value by the first transactor;
b. communicating the stochastic tuple from the first transactor to the second transactor;
c. receiving the stochastic tuple by the second transactor, the stochastic tuple representing the offer value and an offer limit;
d. considering the offer value by the second transactor; and
e. if the second transactor accepts the object offered at the offer value, then the second transactor accepting the object responsive to the offer limit.
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19. A transaction system, comprising a first transactor and a second transactor coupled by a communication route, wherein the first transactor signals a stochastic decision tuple to the second transactor, and wherein the stochastic decision tuple induces a behavior in the second transactor.
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20. A transaction system, comprising a first transactor and a second transactor coupled by a communication route, wherein the first transactor generates a plurality of stochastic decision tuples selectively drawn from respective plural stochastic generation processes having predetermined process distribution envelopes, wherein the first transactor signals a stochastic decision tuple to the second transactor, wherein the stochastic decision tuple induces a behavior in the second transactor, wherein the behavior in the second transactor is one of a plurality of business indicators, and wherein the transaction system is adaptively responsive to selected business indicators to maximize an enterprise parameter.
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21. A trading system, comprising:
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a vendor disposed to propose an object offer at a first offer value;
a vendee disposed to accept the object offer at a second offer value with a value magnitude less than the first offer value;
a communication link coupling the vendor and the vendee, whereby the vendor and the vendee communicate data relative to an object offer;
a stochastic sequence generator generating at least one of the first offer value and the second offer value in response to a preselected Transaction Driver function Z;
wherein the vendor proposes the object offer to the vendee through the communication link;
wherein the data relative to an object offer includes a stochastic tuple related to the offer value;
wherein the preselected Transaction Driver function Z corresponds to predetermined trade dimensions; and
wherein the vendee is induced to accept the object offer in which the second offer value is generally less than the first offer value.
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22. A method for a transaction system, comprising:
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generating a sequence of trade object offer values for a trade object responsive to a preselected Transaction Driver function Z by a prospective seller, wherein the preselected Transaction Driver function Z corresponds to predetermined trade dimensions and at least a portion of ones of the trade object value being an adaptively stochastic value;
sequentially transmitting ones of the sequence of trade object offer values to the prospective buyer from the prospective seller over a communication link;
sensing a reply over the communication link from the buyer to ones of the sequence of trade object offer values; and
responsive to a reply indicative of acceptance, completing a transaction for the trade object at one of the trade object offer value selected by the prospective buyer.
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23. A transaction system among a buyer, a seller, and business operation, comprising:
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a stochastic tuple generator generating a stochastic tuple representative of an offered trade object price for an offered trade object;
a first communication channel including a first link through which the buyer perceives the stochastic tuple signaled by the seller and a second link through which the buyer indicates to the seller acceptance of the offered trade object at the offered trade object price;
a second communication channel including a third link between the buyer and the business operation through which the buyer tenders to the business operation a desired medium of exchange corresponding to the offered trade object price and a fourth link through which the seller and the business operation communicate selected business indicators responsive to a response of the buyer. - View Dependent Claims (24, 25, 26, 27, 28, 29, 30, 31)
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Specification