Abstract: Embodiments of this invention provide an adaptive marketplace in which customers can place a request for a service and vendors have an opportunity to make an offer to provide the service on behalf of the customer for a particular price. The service request and vendor management is handled by a systems engine. An apparatus is arranged to receive a customer request and identify at least one vendor suitable for satisfying the customer request. The system is arranged to determine a vendor compatibility score, which is dependent on the compatibility of the vendor to the customer request. An estimate is made of the probability of the vendor being selected to provide the customer request. The customer request, customer preferred reference price and the probability of the vendor being selected are provided to the vendor.

Abstract: Embodiments of this invention provide an adaptive marketplace in which customers can place a request for a service and vendors have an opportunity to make an offer to provide the service on behalf of the customer for a particular price. The service request and vendor management is handled by a systems engine. An apparatus is arranged to receive a customer request and identify at least one vendor suitable for satisfying the customer request. The system is arranged to determine a vendor compatibility score, which is dependent on the compatibility of the vendor to the customer request. An estimate is made of the probability of the vendor being selected to provide the customer request. The customer request, customer preferred reference price and the probability of the vendor being selected are provided to the vendor.