Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Electronic shopping
Reexamination Certificate
2006-06-29
2010-11-09
Allen, William (Department: 3625)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Electronic shopping
C705S027200
Reexamination Certificate
active
07831479
ABSTRACT:
A method of extending the closing point in a timed on-line auction. The method establishes a fixed closing time for the on-line auction. The system then monitors for the placement of a bid within a first fixed time period proximate the closing point. If a bid is received during the first fixed time period, then the timed auction is extended for a first extended time period (which may be the same length as the first fixed time period). The process then repeats by monitoring for the receipt of a bid during the first extended time period. If a bid is received, then the timed auction is extended for a second extended time period. The extensions will continue until no bid is received during an extended time period, at which point the auction will finally close.
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Army Reverse Auctions: An E-Commerce Acquisition Tool.(electronic commerce). Elgart, Edward G. Public Manager , vol. 30 , No. 1 , p. 13 , Spring 2001.
Scargill Lawson S.
Wospil Diane K.
Allen William
Horton J. Wiley
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