Method, apparatus and system for advancing a bidder to a selected rank
First Claim
1. A method for advancing a first bidder to a desired rank other than first in an electronic auction, comprising:
- (A) calculating, using a processor, and in response to actuation of a bid rank advancement function by the first bidder, a new bid for the first bidder by applying a predetermined minimum differential value to a current bid of a second bidder that holds the desired rank, which is other than first rank, in the electronic auction; and
(B) displaying the new bid to the bidder.
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Accused Products
Abstract
The present invention provides a method for advancing a first bidder to a selected rank in an electronic auction. This method includes calculating, in response to actuation of a bid rank advancement function, a new bid for the first bidder, and displaying the new bid to the first bidder. The new bid is calculated by applying a predetermined minimum differential value to a current bid of a second bidder that holds the rank selected by the first bidder. In one embodiment, the rank selected by the first bidder is a rank other than first. The present invention also provides a system and apparatus for advancing a first bidder to a selected rank in an electronic auction.
70 Citations
22 Claims
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1. A method for advancing a first bidder to a desired rank other than first in an electronic auction, comprising:
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(A) calculating, using a processor, and in response to actuation of a bid rank advancement function by the first bidder, a new bid for the first bidder by applying a predetermined minimum differential value to a current bid of a second bidder that holds the desired rank, which is other than first rank, in the electronic auction; and (B) displaying the new bid to the bidder. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A method for advancing a first bidder to a desired rank in an electronic auction, comprising:
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(A) calculating, using a processor, and in response to actuation of a bid rank advancement function by the first bidder, a new bid for the first bidder by applying a predetermined minimum differential value to a current bid of a second bidder that holds the desired rank in the electronic auction, and (B) displaying the new bid to the bidder; wherein actuation of the bid rank advancement function by the first bidder includes selecting the desired rank. - View Dependent Claims (12, 13)
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14. A system for advancing a first bidder to a desired rank in an electronic auction, comprising:
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a processor configured to; calculate a new bid for a first bidder by applying a predetermined minimum differential value to a current bid of a second bidder that holds the desired rank in the electronic auction; and cause the display of the new bid to the first bidder; and a memory coupled to the processor and configured to provide the processor with instructions; wherein actuation of the bid rank advancement function by the first bidder includes selecting the desired rank. - View Dependent Claims (15, 16)
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17. A system for advancing a first bidder to a desired rank other than first in an electronic auction, comprising:
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a processor configured to; calculate a suggested bid value for a first bidder by applying a predetermined minimum differential value to a current bid of a second bidder that holds the desired rank other than first in the electronic auction; and display the new bid to the first bidder; and a memory coupled to the processor and configured to provide the processor with instructions.
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18. A computer readable storage medium having instructions stored thereon which, which, when executed by a processor, cause the processor to:
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(A) calculate, in response to actuation of a bid rank advancement function by a first bidder, a new bid for the first bidder by applying a predetermined minimum differential value to a current bid of a second bidder that holds a desired rank in an electronic auction, and (B) display the new bid to the first bidder; wherein actuation of the bid rank advancement function by the first bidder includes selecting the desired rank.
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19. A bidding device for facilitating submission of a bid to an electronic auction comprising:
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a processor; and a graphical user interface through which a first bidder actuates a bid rank advancement function that advances the first bidder to a desired rank other than first in the electronic auction; wherein upon actuation by the first bidder, the bid rank advancement function calculates a new bid for the first bidder by applying a predetermined minimum differential value to a current bid of a second bidder that holds the desired rank, the desired rank being other than first rank, in the electronic auction, and displays the new bid to the electronic auction on behalf of the first bidder. - View Dependent Claims (20, 21, 22)
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Specification