PERFORMING PREDICTIVE PRICING BASED ON HISTORICAL DATA

Patent №

US 7,974,863

Granted

2011-07-05

Filed 2008

Owner

Lab

AI components

4

ml · kr · planning · hardware

Assignment

None on record

Dataset

AIPD

2023_r1 edition

Application

12044229

Techniques are described for using predictive pricing information 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 airline tickets and/or to assist travel agents when selling airline tickets.

Machine learningKnowledge representationPlanningAI hardwareG06Q 30/0206G06Q 10/02G06Q 10/06G06Q 20/201G06Q 30/0202G06Q 30/0273G06Q 30/0283G06Q 30/0611+2 more

AI classification

Planning1.00
Knowledge representation0.92
AI hardware0.85
Machine learning0.54
Natural language0.10
Evolutionary computation0.09
Speech0.00
Vision0.00
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