Patents by Inventor Steven J. Brams

Steven J. Brams has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20130232031
    Abstract: Systems and methods for facilitating agreement between a first party and a second party. Each party may provide a reservation price and an offer price. Overlap between the information provided by the parties is utilized to determine a settlement price.
    Type: Application
    Filed: February 12, 2013
    Publication date: September 5, 2013
    Inventors: Steven J. Brams, Todd R. Kaplan, D. Marc Kilgour
  • Patent number: 8046296
    Abstract: The invention that is the subject of this Disclosure is a computerized method for valuing and transferring interests in property (whether real or personal, tangible or intangible) or goods. The method involves having parties that hold ownership interests in property or goods disclose to a processor that is administered by a third-party (but not disclose to each other) a price at which they would be willing to either sell their interests to the other side, or buy out the other side's interests, submitting binding offers to the third party obliging them either to buy or sell at their stated price (in the unlikely event that the stated prices are the same), or, alternatively, at some other price in between the ones set forth in their offers that is more favorable to each of them and that is identified by the third party.
    Type: Grant
    Filed: August 26, 2008
    Date of Patent: October 25, 2011
    Inventors: Steven J. Brams, James F. Ring
  • Publication number: 20090076944
    Abstract: The invention that is the subject of this Disclosure is a method for valuing and transferring interests in property (whether real or personal, tangible or intangible) or goods. The system involves having parties that hold ownership interests in property or goods disclose to a third-party (but not to each other) a price at which they would be willing to either sell their interests to the other side, or buy out the other side's interests, submitting binding offers to the third party obliging them either to buy or sell at their stated price (in the unlikely event that the stated prices are the same), or, alternatively, at some other price in between the ones set forth in their offers that is more favorable to each of them and that is identified by the third party.
    Type: Application
    Filed: August 26, 2008
    Publication date: March 19, 2009
    Inventors: Steven J. Brams, James F. Ring
  • Patent number: 5983205
    Abstract: Two methods, "Adjusted Winner (AW)" and "Proportional Allocation (PA)," are provided for the fair division of a collection of items, which could be either real goods or issues in a dispute, between two claimants (parties). The methods can be implemented as a digital computer software program. In both methods, the parties are each given 100 points and then bid on each item using their points. Under the AW method, which is applicable to indivisible items, each party is initially allocated those goods, or wins on those issues, for which it bids the higher number of points. Then the goods or issues are reassigned, or resolved differently, to achieve equality of points based on the quotients of the parties' bids. Under PA, each good or issue is divided according to a ratio based on both parties' bids for that good or issue.
    Type: Grant
    Filed: April 5, 1999
    Date of Patent: November 9, 1999
    Assignee: New York University
    Inventors: Steven J. Brams, Alan D. Taylor