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FAIR DISCOUNTING AUCTION

  • US 20080313027A1
  • Filed: 06/12/2007
  • Published: 12/18/2008
  • Est. Priority Date: 06/12/2007
  • Status: Active Grant
First Claim
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1. A system that facilitates employing an online auction in which a coupon is fairly administered, comprising:

  • an online auction environment that employs an auction to identify a fair market value of at least one of a good or a portion of a service;

    the auction receives at least one bid from a bidder with a coupon and a bidder without a coupon;

    a randomizer component that selects one of a collection of bidders having coupons or a collection of bidders not having coupons based on a randomizing technique; and

    the online auction environment identifies an auction winner as a highest bidder within the selected collection, the highest bidder provides a highest bid from both the collection of bidders having coupons and the collection of bidders not having coupons.

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