Appeal 2006-3156 Application 09/904,311 OPINION We find that Bansal discloses (para. 0131) that an online intermediary stores information such as data on buyers and sellers and "data for determining the effects of uncertainties and risks of various kinds." Bansal further discloses (para. 0143) that buyers and sellers sometimes wish to take risky positions in the market. The various positions represent buyers' and sellers' attitudes towards risk, or risk attitudes. Bansal states (para. 0167) that the description applies to sealed bid auctions, which Appellants disclose (Specification, p. 4) are utility-dependent auctions. Thus, we find that Bansal teaches determining risk attitudes from bids submitted in utility-dependent auctions, as recited in independent claims 22 and 39. Arguably Bansal likewise discloses determining private information, as Bansal teaches storing data on buyers and sellers. However, the information stored is derived from the same auctions as the risk attitudes, and, therefore, from utility-dependent auctions rather than from utility-independent auctions. We find that Hogg discloses (para. 0005) storing and analyzing bid information in an auction. More particularly, Hogg teaches (para. 0022) processing the highest bids or amounts that bidders are willing to pay for a specific item. We find no suggestion in Hogg (para. 24 or anywhere else) to include in Bansal's method a step of determining a bidder's private information submitted in a utility-independent auction, as recited in claims 22 and 39. Thus, the Examiner has failed to establish a prima facie case of obviousness for claims 22 and 39. Each of claims 26, 34, and 42 requires determining both risk attitudes from utility-dependent auction bids and also private information from utility-independent auction bids, either as steps performed by a processor or the functions recited as part of a means-plus-function. Similarly, claim 30 4Page: Previous 1 2 3 4 5 6 7 8 9 Next
Last modified: September 9, 2013