Auction system and method
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on system and method 发明人:NICHOLAS JAMES HEDGES 申请号:AU64 08701 申请日:20010613 公开号:AU64 08701A 公开日:20011224
摘要:A Dutch (aka open descending) auction is performed over a computer network such as the internet. A central auction processor stores auction parameters including a current auction price at which a lot is offered for sale, a description of each lot and a highest bid if any received. The auction parameters are transmitted to remote bidding apparatuses to allow users to bid for lots. When bids are received at the central auction processor from the bidder apparatuses, these are entered into the auction parameters. The central auction processor also updates the auction parameters by periodically decrementing the current auction price. The termination of an auction for a lot is determined by the central auction processor when a received bid matches the current auction price. The system allows for bidders to place speculative bids in advance. Bidders are notified about the start of an auction and when it ends. The system may be implemented using WAP technology.
申请人:ETEATRADE. LTD.
更多信息请下载全文后查看
摘要:A Dutch (aka open descending) auction is performed over a computer network such as the internet. A central auction processor stores auction parameters including a current auction price at which a lot is offered for sale, a description of each lot and a highest bid if any received. The auction parameters are transmitted to remote bidding apparatuses to allow users to bid for lots. When bids are received at the central auction processor from the bidder apparatuses, these are entered into the auction parameters. The central auction processor also updates the auction parameters by periodically decrementing the current auction price. The termination of an auction for a lot is determined by the central auction processor when a received bid matches the current auction price. The system allows for bidders to place speculative bids in advance. Bidders are notified about the start of an auction and when it ends. The system may be implemented using WAP technology.
申请人:ETEATRADE. LTD.
更多信息请下载全文后查看