Invention Grant
US07899737B2 Method, system and computer program product for facilitating an auction behavior and automatic bidding in an auction
有权
方法,系统和计算机程序产品,用于促进拍卖行为和拍卖中的自动投标
- Patent Title: Method, system and computer program product for facilitating an auction behavior and automatic bidding in an auction
- Patent Title (中): 方法,系统和计算机程序产品,用于促进拍卖行为和拍卖中的自动投标
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Application No.: US11423821Application Date: 2006-06-13
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Publication No.: US07899737B2Publication Date: 2011-03-01
- Inventor: Jay S. Walker , Daniel E. Tedesco , Kathleen Van Luchene , James A. Jorasch , Adam Ware
- Applicant: Jay S. Walker , Daniel E. Tedesco , Kathleen Van Luchene , James A. Jorasch , Adam Ware
- Applicant Address: US CT Stamford
- Assignee: Walker Digital, LLC
- Current Assignee: Walker Digital, LLC
- Current Assignee Address: US CT Stamford
- Agency: Fincham Downs LLC
- Agent Carson C. K. Fincham
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
One or more proxy bidders is associated with a rule which determines a time to place a bid. The proxy bidder places a bid at the determined time, instead of immediately after the bidder's prior bid is exceeded. Such rules may be selected for all proxy bidders to encourage a desired auction behavior. By controlling the placement of bids based on rules associated with the desired auction behavior, bids may be placed in a manner that seems natural and competitive to bidders in the auction when, in fact, they are placed in accordance with the selected rules. The desired auction behavior may be selected statically for an auction or dynamically during the auction. Historical auction data maybe analyzed to characterize the behavior of an auction, such as the average period of time between bids and the average increment between bids. Rules may be generated to correspond to a behavior so as to provide the same average time and increment between bids.
Public/Granted literature
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