×

Method for collective decision-making

  • US 6,980,983 B2
  • Filed: 08/07/2001
  • Issued: 12/27/2005
  • Est. Priority Date: 08/07/2001
  • Status: Expired due to Fees
First Claim
Patent Images

1. A computer implemented method, comprising:

  • maintaining identification for a group of decision-making entities in a memory device;

    maintaining a setpoint representing a minimum cumulative support required to implement a proposed action;

    communicating a query to the plurality of decision-making entities, wherein the query includes a description of the proposed action;

    receiving responses to the query from the plurality of decision-making entities, wherein each response includes an indicator of support for the proposed action;

    determining the cumulative support from the query responses received;

    automatically communicating a second query to the plurality of decision-making entities if an additional support necessary to reach the minimum setpoint value is less than a second setpoint; and

    automatically implementing the proposed action if the cumulative support is greater than the setpoint by transmitting an instruction to one or more trading networks.

View all claims
  • 1 Assignment
Timeline View
Assignment View
    ×
    ×