Method and system for adjusting a close time of an auction
First Claim
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1. A method to conduct an electronic auction, the method including:
- monitoring bidding activity during an auction for a particular item within a predetermined time interval; and
adjusting a closing time of the auction depending upon the bidding activity within the predetermined time interval.
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Abstract
A method and system for adjusting a close time of an auction includes monitoring the bidding activity during an auction for an item within a predetermined time interval and adjusting a closing time of the auction depending upon the bidding activity within the predetermined time interval.
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Citations
12 Claims
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1. A method to conduct an electronic auction, the method including:
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monitoring bidding activity during an auction for a particular item within a predetermined time interval; and
adjusting a closing time of the auction depending upon the bidding activity within the predetermined time interval. - View Dependent Claims (2, 3)
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4. An electronic auction system, comprising:
a manager monitoring bidding activity during an auction for an item, the manager to adjust a closing time of the auction depending on the bidding activity within a predetermined time interval. - View Dependent Claims (5)
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6. A method to conduct an electronic auction, the method including:
at an electronic auction system, determining whether new bids for a particular item are received within a predetermined time interval, and if not, closing the electronic auction for the particular item.
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7. A machine-readable medium having executable instructions to cause one or more machines to perform a method to conduct an electronic auction, the method including:
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monitoring bidding activity during an auction for a particular item within a predetermined time interval; and
adjusting a closing time of the auction depending upon the bidding activity within the predetermined time interval. - View Dependent Claims (8, 9)
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10. An electronic auction system, comprising:
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manager means for monitoring the bidding activity during an auction for an item, the manager means for adjusting a closing time of the auction depending on the bidding activity within a predetermined time interval; and
storage means for storing the closing time of the auction. - View Dependent Claims (11)
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12. A machine-readable medium having executable instructions to cause one or more machines to perform a method to conduct an electronic auction, the method including:
at an electronic auction system, determining whether new bids for a particular item are received within a predetermined time interval, and if not, closing the electronic auction for the particular item.
Specification