Abstract: Embodiments of the present invention provide a system and method for automated negotiation and discounts for consumers and merchants. In an embodiment, an automated system negotiates discounts with each individual consumer, on a one-on-one basis, on behalf of a merchant while continually finding the optimum equilibrium between live supply and demand data. This may be achieved via a discount system utilizing an algorithm that may seek an ideal balance between supply & demand, and may simulate the merchant's price flexibility or urgency to sell merchandise based on one or more campaign criteria and current market conditions. In another embodiment, the system may also automatically negotiate with merchants, on behalf of the consumers, based on live supply and demand data and the consumers' negotiation preferences. In this manner, the entire negotiations process may be automated using incomplete or complete information to benefit both consumers and merchants alike.

Abstract: Embodiments of the present invention provide a system and method for automated negotiation and discounts for consumers and merchants. In an embodiment, an automated system negotiates discounts with each individual consumer, on a one-on-one basis, on behalf of a merchant while continually finding the optimum equilibrium between live supply and demand data. This may be achieved via a discount system utilizing an algorithm that may seek an ideal balance between supply & demand, and may simulate the merchant's price flexibility or urgency to sell merchandise based on one or more campaign criteria and current market conditions. In another embodiment, the system may also automatically negotiate with merchants, on behalf of the consumers, based on live supply and demand data and the consumers' negotiation preferences. In this manner, the entire negotiations process may be automated using incomplete or complete information to benefit both consumers and merchants alike.