Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Electronic shopping
Reexamination Certificate
2007-05-03
2010-06-15
Garg, Yogesh C (Department: 3625)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Electronic shopping
C705S037000
Reexamination Certificate
active
07739154
ABSTRACT:
This is a method for use in conducting online and/or proxy-based auctions. This method achieves the best possible price in a timely manner, by more closely simulating the mechanics of a face-to-face auction transaction where bidding is not closed at a preset time but by balancing bid frequency against conducting a timely transaction. The process extends the auction closing time by a geometrically decreasing amount to accommodate bids entered near the end of the auction.
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Walczak, Steven; Gregg, Dawn G; Berrenberg, Joy L. “Market Decision Making for Online Auction Sellers” Journal of Electronic Commerce Research. 2006. v7n4. 199-220.
AT&T Corp
Garg Yogesh C
Zimmerman Matthew
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