Patent ID: 6330551
Filing Date: 2001-12-11
Classification: G06Q

Abstract:
A computer executable method for dispute resolution, operative to control a computer and stored on at least one computer readable medium, the method when executed comprising:a) receiving a plurality of demands from a first party for a claim;b) receiving a plurality of settlement offers from a second party for the claim;c) preventing disclosure of the demands to the second party, and preventing disclosure of the settlement offers to the first party;d) calculating differences between the demands and the settlement offers in rounds, each of the differences being calculated in a round using one demand and one settlement offer, the one demand and the one settlement offer being unequal in value;e) determining whether any of the differences fall within at least one predetermined criterion;f) if any of the differences fall within the at least one predetermined criterion, transmitting a message to the first party and the second party that the claim is resolved; andg) if the differences do not fall within the at least one predetermined criterion, transmitting a message that the claim has not been resolved.