Computer controlled auction system
US7747507B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Feb 17, 2005 |
| Grant date | Jun 29, 2010 |
| Priority date | — |
| Expiry date | Aug 31, 2028 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L12/1809
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An automated ticket auctioning system receives and evaluates bid information records received from a plurality of remote terminals. Each bid information record corresponds to at least one bid for one or more desired seats at a venue. Each bid information record may also include a plurality of additional bids identified for different seats in the venue. The separate bids in each bid information record are prioritized. The automated ticket auctioning system includes a central controlling computer operable to receive the bid information records and determine, in order of priority, whether any of the bids in a bid information record is accepted. If one bid in a bid information record is accepted, all lower priority bids in that bid information record are dismissed.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.