Method and system for performing a progressive auction
US7983977B2 · kind B2 · utility
8Cited by
109References
15Claims
0Family size
Assignee
Inventors
Key dates
| Filing date | Dec 10, 2002 |
| Grant date | Jul 19, 2011 |
| Priority date | — |
| Expiry date | May 20, 2027 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/02
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and system for to facilitate an electronic auction includes receiving a bid from each of a plurality of bidders for a plurality of merchandise items via a web-based bid form. Each bid including a bid price and a quantity bid. One or more of the merchandise items of the plurality of merchandise items are awarded to each of a plurality of successful bidders of the plurality of bidders at different prices based on the quantity bid by each of the plurality of successful bidders.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.