System and method for a dynamic auction with package bidding
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United States of America Patent
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Oct 22, 2013
Grant Date -
Mar 18, 2004
app pub date -
Nov 23, 2001
filing date -
Nov 22, 2000
priority date (Note) -
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Abstract
The present invention is a system and method for a computer-implemented auction, based on a system with multiple bidder and auctioneer computers or terminals (20a-n,30) communicating with the server (10) over a network (40). The computers (20a-n) are employed by bidders, the computer (30) is employed by the auctioneer, and the server (10) is the auction computer. That server consist of a CPU (11), memory (12), a data storage device (13), a communication interface (140), a clock (150), an operating system (16), and an auction program (17). In one embodiment, the system architecture is as a client-server system: the auction computer is a server; and the bidder and auctioneer are clients.
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