Invention Grant
US08694412B2 Hybrid auctions and methods and systems for conducting same over a computer network
有权
混合拍卖,通过计算机网络进行相同的方法和系统
- Patent Title: Hybrid auctions and methods and systems for conducting same over a computer network
- Patent Title (中): 混合拍卖,通过计算机网络进行相同的方法和系统
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Application No.: US13162336Application Date: 2011-06-16
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Publication No.: US08694412B2Publication Date: 2014-04-08
- Inventor: Richard C. Johnson
- Applicant: Richard C. Johnson
- Applicant Address: US CA Redwood Shores
- Assignee: Oracle International Corporation
- Current Assignee: Oracle International Corporation
- Current Assignee Address: US CA Redwood Shores
- Agency: Kilpatrick Townsend & Stockton LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
A two phase auction for an item includes a first phase in which an asking price for the item decreases at predetermined intervals when the auction is a seller's auction and increases at predetermined intervals when the auction is a buyer's auction, and a second phase after the first phase wherein the asking price starts at a level equal to a first bid placed by a first bidder during the first phase and periodically increases when the auction is a seller's auction and decreases at predetermined intervals when the auction is a buyer's auction until no additional bids are received from the first bidder and/or additional bidders, the auctioned item being awarded to a last bidder in the second phase.
Public/Granted literature
- US20110246321A1 HYBRID AUCTIONS AND METHODS AND SYSTEMS FOR CONDUCTING SAME OVER A COMPUTER NETWORK Public/Granted day:2011-10-06
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