Bidding method for time-sensitive offerings
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United States of America Patent
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N/A
Issued Date -
Nov 4, 2004
app pub date -
Aug 21, 2003
filing date -
Apr 30, 2003
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
The invention provides a method for auctioning a time sensitive item. An item which needs to be sold by a specified time is first identified. The item is offered for sale at an auction. Bids for the item are received from at least one bidder, and the item is sold to the highest bidder. In one embodiment, surplus tickets for capacity-limited events are identified and sold on an internet auction site.
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Cited Art Landscape
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