Invention Grant
- Patent Title: System and method for a hybrid clock and proxy auction
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Application No.: US12789145Application Date: 2010-05-27
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Publication No.: US08224743B2Publication Date: 2012-07-17
- Inventor: Lawrence M. Ausubel , Peter C. Cramton , Paul R. Milgrom
- Applicant: Lawrence M. Ausubel , Peter C. Cramton , Paul R. Milgrom
- Applicant Address: US DC Washington
- Assignee: Efficient Auctions, LLC
- Current Assignee: Efficient Auctions, LLC
- Current Assignee Address: US DC Washington
- Agency: Manatt, Phelps & Phillips LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
This invention defines a computer system for conducting an auction of a plurality of items including receiving bids and determining an allocation of at least one of the items, the auction including a dynamic auction phase followed by a later phase.
Public/Granted literature
- US20110082762A1 SYSTEM AND METHOD FOR A HYBRID CLOCK AND PROXY AUCTION Public/Granted day:2011-04-07
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