Complex prices in bidding
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United States of America Patent
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Sep 27, 2011
Grant Date -
Mar 31, 2011
app pub date -
Dec 13, 2010
filing date -
Oct 28, 2003
priority date (Note) -
In Force
status (Latency Note)
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Abstract
Managing bid pricing information comprises receiving transaction information and item data from a buyer, generating a bid invitation containing entries relating to the transaction information and item data, and making the bid invitation available to a plurality of potential bidders, receiving from one or more of the potential bidders bid invitations containing a complex pricing structure and corresponding complex pricing amounts, and selecting a winning bidder based on the complex pricing amounts.
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