Method and system for performing proxy bidding
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United States of America Patent
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N/A
Issued Date -
N/A
app pub date -
Dec 10, 2002
filing date -
Mar 29, 1996
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A method and system for performing bidding includes receiving a maximum bid amount a bidder is willing to pay for an item from a bidder using an electronic auction system. A proxy bid is continuously and automatically incremented by a preset bid increment to be greater than a current high bid when the current high bid is not associated with the bidder and the current high bid is not greater than the maximum bid amount.
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