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Systems and methods for pricing and selling digital goods

  • US 6,985,885 B1
  • Filed: 09/21/2000
  • Issued: 01/10/2006
  • Est. Priority Date: 09/21/1999
  • Status: Expired due to Fees
First Claim
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1. A system for vending copies of an electronic work, the system including:

  • (a) means for receiving a plurality of bids from a plurality of bidders;

    (b) means for storing the bids;

    (c) means for select a bid from the plurality of bids, wherein the bid being submitted by one of the bidders;

    (d) means for selecting a sample of bids from the plurality of bids, wherein the sample of bids does not include the bid from the one bidder;

    (e) means for deriving a threshold from the sample of bids,(f) means for comparing the bid of the one bidder with the threshold to determine whether to vend a copy of the electronic work to the bidder based, at least in part, on the comparison; and

    (g) a network interface unit for sending a copy of the electronic work to the bidder;

    wherein copies of the electronic work available to be vended by the system comprise a quantity of copies that is greater than the quantity of bids in the plurality of bids.

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