Auction method for real-time displaying bid ranking

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Electronic shopping

Reexamination Certificate

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

Reexamination Certificate

active

07983954

ABSTRACT:
Disclosed herein is a real-time auction method that is based on an auction server for performing a process of an auction and wired and wireless terminals of participants. The method includes the auction screen providing step of providing an auction screen, on which auction information is displayed, to wired and wireless terminals of participants participating in the auction, the ranking displaying step of displaying bidding prices on the auction screen in order of ranking in the case where the participants present the bidding prices, the bidding extending step of extending a bidding time if a highest bidding price is lower than a predetermined desired bidding price or a difference between a highest bidding price and a next highest bidding price is less than a predetermined difference when a first set bidding time ends, and allowing only bidders presenting the highest bidding price and the next highest bidding price to participate in the extended auction, and the successful bid determining step of displaying a successful bidding price and a successful bidder when a finally set bidding time ends.

REFERENCES:
patent: 2002/0169705 (2002-11-01), Gutierrez et al.
patent: 2004/0039677 (2004-02-01), Mura et al.
M2 Presswire. Coventry: Jun. 8, 2000. p. 1 http://proquest.umi.com/pqdweb?did=54928387&sid=2&Fmt=3&clientld=19649&RQT=309&VName=PQD.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Auction method for real-time displaying bid ranking does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Auction method for real-time displaying bid ranking, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Auction method for real-time displaying bid ranking will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-2656346

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.