ELECTRONIC MALLS AND AUCTION BASED ON ADAPTIVE TRADE SPECIFICATIONS

摘要

An electronic marketplace based on adaptive trade specifications (ATS) is disclosed. The system allows users to perform optimized electronic transactions over the Web. The invention involves a method and system for providing match making among traders in an electronic marketplace according to item specifications provided by those traders via adaptive trade specifications. Given a trader's objective, the system will recommend the optimal transaction for this trader. This optimal transaction specifies items and quantities specified by other traders within the electronic marketplace. The invention describes methods for ATS-based trading in an electronic marketplace in general and in electronic malls and electronic auctions in particular.