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Systems for dynamically allocating finite or unique resources

  • US 7,584,123 B1
  • Filed: 04/06/2005
  • Issued: 09/01/2009
  • Est. Priority Date: 04/06/2004
  • Status: Active Grant
First Claim
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1. An electronic ticket auction system, comprising:

  • a computer system configured to receive over a network user ticket bids in a ticket auction, including a bid from a first user and a bid from a second user, wherein the first user bid includes a first bid amount, and the second user bid includes a second bid amount that is less than the first bid amount;

    a data store configured to store the bid amounts; and

    program code stored in computer readable memory, the program code configured to;

    determine which bids are winning bids, wherein the winning bids include at least the first bid and the second bid;

    determine a ticket price for the users associated with the winning bids based on the second bid amount, wherein the first user is assigned a ticket at a price based on the second amount and that is less than the first bid amount;

    cause an auction user interface to be displayed to at least one user, the auction user interface identifying;

    an event for which tickets are being auctioned;

    a plurality of ticket groups for the event for which tickets are being auctioned;

    a maximum number of tickets that a given user can bid on with respect to tickets in a first ticket group of the plurality of ticket groups, wherein the maximum number is less than the number of tickets in the first ticket group that are up for bid;

    corresponding current low winning bids for the ticket groups;

    a minimum acceptable bid; and

    a minimum bid increment;

    selectively perform fair slotting packing and/or full shuffling packing in response to a packing instruction accessed from computer readable memory.

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