Method of bidding to drive competition in an auction
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United States of America Patent
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Feb 28, 2012
Grant Date -
Jul 10, 2003
app pub date -
Jan 9, 2002
filing date -
Jan 9, 2002
priority date (Note) -
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status (Latency Note)
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Abstract
A method of bidding to drive competition in an auction, including receiving a plurality of bids from a plurality of bidders, distinguishing the bidders according to a subset of a parameter, assigning at least one identifier to the bidders in each subset, the subset associated with the identifier is unknown to the bidders outside of the subset, and displaying a lowest bid with the identifier for each bidder.
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