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Title:
COMPUTERISED TRANSACTION BARGAINING SYSTEM AND METHOD
Document Type and Number:
Japanese Patent JP2012064253
Kind Code:
A
Abstract:

To provide an automated bargaining method and system.

The method and system are used in testing non-equal values in normal rounds for satisfaction of a condition. If the condition is not satisfied in the normal rounds, power round values are tested for satisfaction of a power round condition. If the power round condition is satisfied, a binding bargained payment is calculated. Additional options involve an automated facilitator, windfalls to initiators, automatic payment initiation, multiparty aggregation, and automatic agreement document generation.


Inventors:
BARCHETTA JAMES D
BROFMAN CHARLES S
Application Number:
JP2012000292A
Publication Date:
March 29, 2012
Filing Date:
January 04, 2012
Export Citation:
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Assignee:
CYBERSETTLE HOLDINGS INC
International Classes:
G06Q30/06; G06Q30/00
Domestic Patent References:
JP2001283037A2001-10-12
JP2002092376A2002-03-29
JP2002544601A2002-12-24
JP2002366788A2002-12-20
Foreign References:
US6598027B12003-07-22
Attorney, Agent or Firm:
Sadao Kumakura
Fumiaki Otsuka
Takaki Nishijima
Hiroyuki Suda



 
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