Method and system for dynamically controlling overtime in electronic auctions
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United States of America Patent
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Jul 7, 2009
Grant Date -
Nov 30, 2006
app pub date -
Aug 7, 2006
filing date -
Feb 19, 1999
priority date (Note) -
In Force
status (Latency Note)
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Abstract
Information about a first lot and a second lot is displayed. The information includes a first closing time for the first lot, and a second closing time for the second lot. The second closing time is later than the first closing time. Responsive to the receipt of a bid for the first lot within a first predefined timer interval of the first closing time, an updated first closing time for the first lot is determined. The updated first closing time is displayed. If the updated first closing time is less than a second predefined time interval from the second closing time, an updated second closing time is displayed.
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