BIDDING SYSTEM FOR RECYCLABLE GOODS AND METHOD THEREOF
First Claim
1. A method for providing incentive to engage in environmentally responsible behavior, comprising:
- monitoring an auction event occurring on a network, the auction event comprising;
receiving data at a host server regarding a recyclable good for sale associated with a seller, the seller having an account maintained on a database stored on the host server;
receiving data at the host server regarding a bid for the recyclable good, the bid associated with a bidder; and
determining at the host server a winning bid for the recyclable good based on a predetermined criterion;
determining a credit value associated with the auction event; and
allocating the credit value to the seller'"'"'s account.
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Abstract
A bidding system for recyclable goods and method thereof is disclosed. In accordance with one embodiment of the present invention, there is a method for providing incentive to engage in environmentally responsible behavior, comprises monitoring an auction event occurring on a network, the auction event comprising: receiving data at a host server regarding a recyclable good for sale associated with a seller, the seller having an account maintained on a database stored on the host server, receiving data at the host server regarding a bid for the recyclable good, the bid associated with a bidder, and determining at the host server a winning bid for the recyclable good based on a predetermined criterion; determining a credit value associated with the auction event; and allocating the credit value to the seller'"'"'s account.
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Citations
20 Claims
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1. A method for providing incentive to engage in environmentally responsible behavior, comprising:
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monitoring an auction event occurring on a network, the auction event comprising; receiving data at a host server regarding a recyclable good for sale associated with a seller, the seller having an account maintained on a database stored on the host server; receiving data at the host server regarding a bid for the recyclable good, the bid associated with a bidder; and determining at the host server a winning bid for the recyclable good based on a predetermined criterion; determining a credit value associated with the auction event; and allocating the credit value to the seller'"'"'s account. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A bidding system for providing incentive to engage in environmentally responsible behavior, comprising:
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a host server configured to communicate with at least one seller and at least one bidder, the host server comprising a database for storing a seller'"'"'s account and a computer-readable medium having computer-executable instructions for performing a method comprising; monitoring an auction event, the auction event comprising; receiving data regarding a recyclable good for sale associated with a seller, the seller having an account maintained on a database; receiving data regarding a bid for the recyclable good, the bid associated with a bidder; and determining a winning bid for the recyclable good based on a predetermined criterion; determining a credit value associated with the auction event; and allocating the credit value to the seller'"'"'s account; data regarding a recyclable good for sale associated with a seller; data regarding a bid for the recyclable good associated with a bidder; a winning bid for the recyclable good; and a credit value for the seller associated with the recyclable good received. - View Dependent Claims (11, 12, 13, 14, 15)
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16. A computer-readable medium having computer-executable instructions for performing a method, comprising:
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monitoring an auction event, the auction event comprising; receiving data regarding a recyclable good for sale associated with a seller, the seller having an account maintained on a database; receiving data regarding a bid for the recyclable good, the bid associated with a bidder; and determining a winning bid for the recyclable good based on a predetermined criterion; determining a credit value associated with the auction event; and allocating the credit value to the seller'"'"'s account. - View Dependent Claims (17, 18, 19, 20)
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Specification