Method and system for controlling the initiation and duration of overtime interval in electronic auctions

Control of overtime in an auction is disclosed. A first time interval, a second time interval, and a first closing time for a first lot are defined. It is determined that at least one new bid for the first lot is received during the first time interval. The new bid is received close to the first clo...

Ausführliche Beschreibung

Bibliographische Detailangaben

Hauptverfasser:	BECKER DAVID J, STEVENS ROBERT G, ALAIA MARC, HECKMANN DANIEL C, MEAKEM GLEN T, ROBERTS FREDERICK W, RUPP WILLIAM D, KINNEY, JR. SAM E, RENEAU JASON W, RAGO VINCENT F, BERNARD ANTHONY F
Format:	Patent
Sprache:	eng
Schlagworte:	CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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