Publications

Performing predictive pricing based on historical data

Abstract

Techniques are described for using predictive pricing infor mation for items to assist in evaluating buying and/or selling decisions in various ways, such as on behalf of end-user item acquirers and/or intermediate item providers. The predictive pricing for an item may be based on an analysis of historical pricing information for that item and/or related items, and can be used to make predictions about future pricing information for the item. Such predictions may then be provided to users in various ways to enable comparison of current prices to predicted future prices. In some situations, predictive pricing information is used to assist customers when purchasing air line tickets and/or to assist travel agents when selling airline tickets. This abstract is provided to comply with rules requir ing an abstract, and it is Submitted with the intention that it will not be used to interpret or limit the scope or meaning of the claims.

Date
October 22, 2013
Authors
O Etzioni, A Yates, CA Knoblock, R Tuchinda
Inventors
Oren Etzioni, Alexander Yates, Craig A Knoblock, Rattapoom Tuchinda
Patent_office
US
Patent_number
8566143
Application_number
13082362