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US-20260127628-A1 - Method for Data Collection Using Consumer Choice

US20260127628A1US 20260127628 A1US20260127628 A1US 20260127628A1US-20260127628-A1

Abstract

An economic method applied through a computer, comprising: outputting the opportunity for a first user to enter a sweepstakes for a first item or second item at a first odds; receiving input of a choice by a first user for the sweepstakes a first or second item; outputting a first sweepstakes ticket for the first user; changing the first odds; outputting the opportunity for a first user to enter a sweepstakes for a first item or second item at a second odds; receiving input of a choice by a first user for the sweepstakes a first or second item; outputting a second sweepstakes ticket for the first user; outputting a visual image of the drawing to determine the winner of the sweepstakes; and, holding a drawing for at least one sweepstakes ticket to determine the winner of the sweepstakes

Inventors

  • George C. Beighley, Jr.

Assignees

  • George C. Beighley, Jr.

Dates

Publication Date
20260507
Application Date
20251101

Claims (9)

  1. 1 . An economic method applied through a computer, comprising: outputting the opportunity for a first user to enter a sweepstakes for a first item or second item at a first odds; receiving input of a choice by a first user for the sweepstakes a first or second item; outputting a first sweepstakes ticket for the first user; changing the first odds; outputting the opportunity for a first user to enter a sweepstakes for a first item or second item at a second odds; receiving input of a choice by a first user for the sweepstakes a first or second item; outputting a second sweepstakes ticket for the first user; outputting a visual image of the drawing to determine the winner of the sweepstakes; and, holding a drawing for at least one sweepstakes ticket to determine the winner of the sweepstakes.
  2. 2 . A method of claim 1 where the first and second items are of the same class.
  3. 3 . A method of claim 1 where the first and second items are of different classes.
  4. 4 . A method of claim 1 where the preference for the sweepstakes for a first item or second item and the odds are combined to yield an estimated price for the item.
  5. 5 . A method of claim 1 where the preference for the sweepstakes for a first item or second item and the odds are combined to yield an estimated demand for the item.
  6. 6 . A method of claim 1, 2, or 4 , repeated multiple times with multiple different goods in the same class to determine a price index.
  7. 7 . A method of claim 1, 2, or 5 repeated multiple times with multiple different goods in the same class to determine a demand index.
  8. 8 . A method of claim 1, 3, or 4 , repeated multiple times with multiple different goods in the same class to determine a price index.
  9. 9 . A method of claim 1, 3, or 5 , repeated multiple times with multiple different goods in the same class to determine a demand index.

Description

RELATED APPLICATIONS This application claims the benefit of priority under 35 USC § 119(e) of U.S. Provisional Ser. No. 63/715,066 filed Nov. 1, 2024 the contents of which is incorporated herein by reference in its entireties. FIELD OF THE INVENTION The present invention, in some embodiments thereof, relates to data collection and, more particularly, but not exclusively, to methods using consumer choice. SUMMARY OF THE INVENTION According to an aspect of some embodiments of the present invention there is provided an economic method applied through a computer, comprising: outputting the opportunity for a first user to enter a sweepstakes for a first item or second item at a first odds; receiving input of a choice by a first user for the sweepstakes a first or second item; outputting a first sweepstakes ticket for the first user; changing the first odds; outputting the opportunity for a first user to enter a sweepstakes for a first item or second item at a second odds; receiving input of a choice by a first user for the sweepstakes a first or second item; outputting a second sweepstakes ticket for the first user; outputting a visual image of the drawing to determine the winner of the sweepstakes; and, holding a drawing for at least one sweepstakes ticket to determine the winner of the sweepstakes. In an embodiment of the invention, the first and second items are of the same class. In an embodiment of the invention, the first and second items are of different classes. In an embodiment of the invention, the preference for the sweepstakes for a first item or second item and the odds are combined to yield an estimated price for the item. In an embodiment of the invention, the preference for the sweepstakes for a first item or second item and the odds are combined to yield an estimated demand for the item. In an embodiment of the invention, certain steps are repeated multiple times with multiple different goods in the same class to determine a price index. In an additional embodiment of the invention, the sweepstakes process is used to determine the relative demand of one product relative to the demand of competing products. In an additional embodiment of the invention, the sweepstakes process is used to determine the relative demand of one product relative to cash. In an additional embodiment of the invention, multiple products are compared to cash in order to determine the relative consumer demand for cash. In an additional embodiment of the invention, participants in the sweepstakes may contribute something of value to increase the chances of a winning the sweepstakes. Unless otherwise defined, all technical and/or scientific terms used herein have the same meaning as commonly understood by one of ordinary skill in the art to which the invention pertains. Although methods and materials similar or equivalent to those described herein can be used in the practice or testing of embodiments of the invention, exemplary methods and/or materials are described below. In case of conflict, the patent specification, including definitions, will control. In addition, the materials, methods, and examples are illustrative only and are not intended to be necessarily limiting. Implementation of the method and/or system of embodiments of the invention can involve performing or completing selected tasks manually, automatically, or a combination thereof. Moreover, according to actual instrumentation and equipment of embodiments of the method and/or system of the invention, several selected tasks could be implemented by hardware, by software or by firmware or by a combination thereof using an operating system. For example, hardware for performing selected tasks according to embodiments of the invention could be implemented as a chip or a circuit. As software, selected tasks according to embodiments of the invention could be implemented as a plurality of software instructions being executed by a computer using any suitable operating system. In an exemplary embodiment of the invention, one or more tasks according to exemplary embodiments of method and/or system as described herein are performed by a data processor, such as a computing platform for executing a plurality of instructions. Optionally, the data processor includes a volatile memory for storing instructions and/or data and/or a non-volatile storage, for example, a magnetic hard-disk and/or removable media, for storing instructions and/or data. Optionally, a network connection is provided as well. A display and/or a user input device such as a keyboard or mouse are optionally provided as well. BRIEF DESCRIPTION OF THE SEVERAL VIEWS OF THE DRAWING(S) Some embodiments of the invention are herein described, by way of example only, with reference to the accompanying drawings. With specific reference now to the drawings in detail, it is stressed that the particulars shown are by way of example, are not necessarily to scale and are for purposes of illustrative discussion of embodim