Method for graphically presenting auction information

US7870037B2 · kind B2 · utility

Assignee

• Oracle International Corporation · US

Inventors

• Dave Stephens · Rue de l'Église, US
• Ngai-Ming Wang · Fremont, US
• Drew Gallant · San Francisco, US
• Manish Srivastava · Frisco, US
• Wei Chen · Beijing, CN

Key dates

• Filing date: Jun 27, 2002
• Grant date: Jan 11, 2011
• Expiry date: Jul 6, 2027

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/04
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method for graphically presenting auction information. Characteristics of an auction for an item are received, wherein the characteristics comprise a target price for the item and a close time of the auction. The auction is then published to at least one bidder. At least one bid is received at a bid time, wherein the bid comprises a price for the item. A graphical presentation of status of the auction is generated, presenting auction information. The graphical presentation comprises a first axis and a second axis, wherein the bid is plotted as a point within the graphical presentation where the first axis corresponds to the bid time and the second axis corresponds to the price. New bids received are automatically plotted in real-time.