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Method of bidding to drive competition in an auction

  • US 8,126,799 B2
  • Filed: 01/09/2002
  • Issued: 02/28/2012
  • Est. Priority Date: 01/09/2002
  • Status: Active Grant
First Claim
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1. A method, comprising:

  • receiving a plurality of bids from a plurality of bidders wherein the plurality of bidders are participants in a same auction;

    using a processor to distinguish the bidders into at least a first subset and a second subset based on a parameter;

    assigning at least one identifier to the bidders in the first subset, wherein the at least one identifier is known to the bidders in the first subset and is neither assigned to nor known to the bidders in the second subset; and

    displaying, to each bidder in the first subset of bidders, a lowest bid and an identifier assigned to the bidder that submitted the lowest bid.

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