×

Computer implemented methods and apparatus for auctions

  • US 8,065,224 B1
  • Filed: 08/09/2010
  • Issued: 11/22/2011
  • Est. Priority Date: 01/04/1996
  • Status: Expired due to Term
First Claim
Patent Images

1. A method for conducting an auction of a plurality of types of items among a plurality of users implemented on a computer system comprising an auction computer and at least one user computer located remotely from said auction computer, the method comprising:

  • a) transmitting information from said auction computer to at least one user computer, said information including at least current proposed prices for each of the types of items;

    b) receiving for processing at said auction computer bid information from users, said bid information including one or more bids, at least one of the bids comprising a set identification Si which identifies a set of items that a user proposes to transact at the current proposed prices, at least one of said set identifications identifying a set containing at least two different types of items;

    c) determining, at said auction computer, in response to the bid information, whether the auction should continue or terminate; and

    d) transmitting, in relation to a determination to continue the auction, a message to at least one user computer indicating that the auction will continue, said message including an updated current proposed price for at least one of the types of items.

View all claims
  • 0 Assignments
Timeline View
Assignment View
    ×
    ×