Fair discounting auction

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7778869
APP PUB NO 20080313027A1
SERIAL NO

11761686

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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The claimed subject matter provides a system and/or a method that facilitates employing an online auction in which a coupon is fairly administered. An online auction environment that can employ an auction to identify a fair market value of at least one of a good or a portion of a service, wherein the auction can receive at least one bid from a bidder with a coupon and a bidder without a coupon. A randomizer component that can select one of a collection of bidders having coupons or a collection of bidders not having coupons based on a randomizing technique, wherein the online auction environment can identify an auction winner as a highest bidder within the selected collection, the highest bidder provides a highest bid from both the collection of bidders having coupons and the collection of bidders not having coupons.

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Patent Owner(s)

  • MICROSOFT TECHNOLOGY LICENSING, LLC

International Classification(s)

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  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Jain, Kamal Bellevue, US 121 3301
Pai, Mallesh M Evanston, US 1 7
Vohra, Rakesh Vinay Wilmette, US 1 33

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