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Method, apparatus and system for advancing a bidder to a selected rank

  • US 7,870,054 B2
  • Filed: 09/28/2001
  • Issued: 01/11/2011
  • Est. Priority Date: 11/10/2000
  • Status: Active Grant
First Claim
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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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