MY130269A - Automatic bid processing method using computer network system - Google Patents
Automatic bid processing method using computer network systemInfo
- Publication number
- MY130269A MY130269A MYPI20005070A MYPI20005070A MY130269A MY 130269 A MY130269 A MY 130269A MY PI20005070 A MYPI20005070 A MY PI20005070A MY PI20005070 A MYPI20005070 A MY PI20005070A MY 130269 A MY130269 A MY 130269A
- Authority
- MY
- Malaysia
- Prior art keywords
- bid
- bidders
- projected maximum
- bids
- product
- Prior art date
Links
Classifications
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q30/00—Commerce
- G06Q30/06—Buying, selling or leasing transactions
- G06Q30/08—Auctions
-
- G—PHYSICS
- G06—COMPUTING; CALCULATING OR COUNTING
- G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
- G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
- G06Q40/04—Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
Abstract
AN AUTOMATIC BID PROCESSING METHOD IN CONDUCTING AN AUCTION ON A COMMUNICATION NETWORK (15) IS PROVIDED. THE METHOD INCLUDES THE STEPS OF BEGINNING AN AUCTION BY PROVIDING PRODUCT INFORMATION TO BIDDERS (21); A PLURALITY OF BIDDERS INPUTTING GENERAL BIDS FOR THE PRODUCT WHEN THE PLURALITY OF BIDDERS MAKE BIDS (23); EACH OF THE PLURALITY OF BIDDERS SELECTIVELY INPUTTING A PROJECTED MAXIMUM BID THAT THE BIDDER WANTS TO PROPOSE FOR THE PRODUCT (24); AND DETERMINING THE ACCEPTED BID FOR THE PRODUCT BY COMPARING THE FINAL BID, WHICH IS THE HIGHEST PRICE AMONG THE GENERAL BIDS, WITH THE FIRST PROJECTED MAXIMUM BID, WHICH IS THE HIGHEST PROJECTED MAXIMUM BIDS INITIALLY PROPOSED BY THE BIDDERS (25). ACCORDING TO THE METHOD, AFTER A BIDDER SETS A PROJECTED MAXIMUM BID, AN AUCTION PROCESS IS AUTOMATICALLY EXECUTED BASED ON THE FINAL BID AND THE PROJECTED MAXIMUM BID, WHICH LESSENS THE INCONVENIENCE OF FREQUENTLY BIDDING AND THE PERSON WHOSE BID IS ACCEPTED AND AN ACCEPTED BID CAN BE MOST RATIONALLY DETERMINED BASED ON THE FINAL BID AND THE PROJECTED MAXIMUM BID.(FIG 1)
Applications Claiming Priority (1)
Application Number | Priority Date | Filing Date | Title |
---|---|---|---|
KR1019990047796A KR100334254B1 (en) | 1999-10-30 | 1999-10-30 | Automation bid processing method using computer network system |
Publications (1)
Publication Number | Publication Date |
---|---|
MY130269A true MY130269A (en) | 2007-06-29 |
Family
ID=19617882
Family Applications (1)
Application Number | Title | Priority Date | Filing Date |
---|---|---|---|
MYPI20005070A MY130269A (en) | 1999-10-30 | 2000-10-30 | Automatic bid processing method using computer network system |
Country Status (4)
Country | Link |
---|---|
KR (1) | KR100334254B1 (en) |
AU (1) | AU1061001A (en) |
MY (1) | MY130269A (en) |
WO (1) | WO2001033449A1 (en) |
Families Citing this family (12)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
KR20010098023A (en) * | 2000-04-27 | 2001-11-08 | 배종렬 | A method for using a computer to provide auction on the network and a system thereof |
KR20010098204A (en) * | 2000-04-28 | 2001-11-08 | 박규헌 | A method and a record device for a market survey using auction formula of stock trading shape |
KR20000054554A (en) * | 2000-06-12 | 2000-09-05 | 김경주 | Smart bid mediation system and method in the network |
US7593885B2 (en) | 2000-09-04 | 2009-09-22 | Ozb2B Pty Ltd | Materials supply contract system and method |
US7483856B2 (en) | 2001-01-17 | 2009-01-27 | Xprt Ventures, Llc | System and method for effecting payment for an electronic auction commerce transaction |
US7610244B2 (en) | 2001-01-17 | 2009-10-27 | Xprt Ventures, Llc | System and method for effecting payment for an item offered for an electronic auction sale |
US7627528B2 (en) | 2001-01-17 | 2009-12-01 | Xprt Ventures, Llc | System and method for effecting a real-time payment for an item won on an electronic auction |
US7567937B2 (en) | 2001-01-17 | 2009-07-28 | Xprt Ventures, Llc | System and method for automatically effecting payment for a user of an electronic auction system |
US7921052B2 (en) | 2002-12-31 | 2011-04-05 | Autotrader.Com, Inc. | Efficient online auction style listings that encourage out-of-channel negotiation |
AU2005207980B2 (en) * | 2004-01-29 | 2009-10-29 | Ozb2B Pty Ltd | Default final offers in online auctions |
US20070244762A1 (en) * | 2004-01-29 | 2007-10-18 | Du Preez Anthony G | Default Final Offers in Online Auctions |
US20180025418A1 (en) * | 2016-07-20 | 2018-01-25 | Ninkasi Technologies, LLC | Systems and Methods for Setting Up Sale Transactions for an Online Auction |
Family Cites Families (2)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US6026383A (en) * | 1996-01-04 | 2000-02-15 | Ausubel; Lawrence M. | System and method for an efficient dynamic auction for multiple objects |
US5890138A (en) * | 1996-08-26 | 1999-03-30 | Bid.Com International Inc. | Computer auction system |
-
1999
- 1999-10-30 KR KR1019990047796A patent/KR100334254B1/en not_active IP Right Cessation
-
2000
- 2000-10-27 WO PCT/KR2000/001221 patent/WO2001033449A1/en active Application Filing
- 2000-10-27 AU AU10610/01A patent/AU1061001A/en not_active Abandoned
- 2000-10-30 MY MYPI20005070A patent/MY130269A/en unknown
Also Published As
Publication number | Publication date |
---|---|
KR20010039416A (en) | 2001-05-15 |
KR100334254B1 (en) | 2002-04-25 |
WO2001033449A1 (en) | 2001-05-10 |
AU1061001A (en) | 2001-05-14 |
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