Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2000-10-24
2009-11-10
Kazimi, Hani (Department: 3691)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000, C705S03600T
Reexamination Certificate
active
07617145
ABSTRACT:
A system and method is disclosed for the conduct of an online auction in which bidders are able to place bids on lots in the auction by selecting from a plurality of predetermined bid increments provided by the system. The predetermined bid increments provided by the system are adjusted during the auction of a specific lot to adapt to sale conditions and maximize the price obtained at auction.
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GoDuke.com Auction website page, Bid Increment definition, printed Apr. 14, 2005.
Public Notice, Federal Communications Commission, First Paging Service Spectrum Auction Scheduled for Dec. 7, 1999 Comment Sought on Reserve Prices or Minimum Opening Bids and other Auction Procedural Issues, Jun. 7, 1999, 7 pages.
“Design of an Internet-Based System for Remote Dutch Auctions,” Todd Rockoff et al., Internet Research: Electronic Networking Applications and Policy, vol. 5, No. 4, 1995, pp. 10-16.
“Online Auctions: Insights and Analysis,” Ravi Bapna et al., Working Paper, Later Revised and Reprinted in Communications of the ACM as Insights and Analysis of Online Auctions, 1999, pp. 1-22.
Akintola Olabode
Kazimi Hani
Ropes & Gray LLP
Worldwide Farm Equipment Auctions.com Ltd.
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