MY130564A - Method for automatically extending bidding period in auction system using computer network - Google Patents

Method for automatically extending bidding period in auction system using computer network

Info

Publication number
MY130564A
MY130564A MYPI20005901A MYPI20005901A MY130564A MY 130564 A MY130564 A MY 130564A MY PI20005901 A MYPI20005901 A MY PI20005901A MY PI20005901 A MYPI20005901 A MY PI20005901A MY 130564 A MY130564 A MY 130564A
Authority
MY
Malaysia
Prior art keywords
bidding
product
closing time
computer network
auction system
Prior art date
Application number
MYPI20005901A
Inventor
Jae-Hun Lee
Sung-Hyun Kim
Kwan-Ho Park
Original Assignee
Internet Auction Co Ltd
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Internet Auction Co Ltd filed Critical Internet Auction Co Ltd
Publication of MY130564A publication Critical patent/MY130564A/en

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
    • 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

Landscapes

  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Finance (AREA)
  • Development Economics (AREA)
  • Economics (AREA)
  • Marketing (AREA)
  • Strategic Management (AREA)
  • Physics & Mathematics (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Engineering & Computer Science (AREA)
  • Theoretical Computer Science (AREA)
  • Entrepreneurship & Innovation (AREA)
  • Management, Administration, Business Operations System, And Electronic Commerce (AREA)

Abstract

A METHOD FOR CONDUCTING AN ONLINE AUCTION USING A COMPUTER NETWORK SYSTEM IS PROVIDED. THE METHOD FOR CONDUCTING AN ONLINE AUCTION USING A COMMUNICATION NETWORK INCLUDES THE STEPS OF: (A) PROVIDING INFORMATION ON A BIDDING CLOSING TIME AND A PRODUCT TO BE AUCTIONED TO BUYERS; (B) AT LEAST ONE OR MORE BUYERS BIDDING FOR THE PRODUCT; (C) CHECKING WHETHER OR NOT A NEW BID EXISTS IS A PREDETERMINED TIME PERIOD BEFORE THE BIDDING CLOSING TIME; AND (D) IF A NEW BID EXISTS IN THE PREDETERMINED TIME PERIOD BEFORE THE BIDDING CLOSING TIME, EXTENDING THE BIDDING CLOSING TIME, AND OTHERWISE CLOSING THE AUCTION AT THE BIDDING CLOSING TIME. BY DOING SO, A BUYER WHO WANTS TO A PRODUCT TO BE AUCTIONED HAS MAXIMUM BIDDING OPPORTUNITIES WHILE A SELLER CAN SELL THE PRODUCT AT THE HIGHEST PRICE.(FIG 2)
MYPI20005901A 1999-12-16 2000-12-15 Method for automatically extending bidding period in auction system using computer network MY130564A (en)

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
KR1019990058253A KR100318209B1 (en) 1999-12-16 1999-12-16 Method for automatically extending bidding period in auction system using computer network

Publications (1)

Publication Number Publication Date
MY130564A true MY130564A (en) 2007-06-29

Family

ID=19626319

Family Applications (1)

Application Number Title Priority Date Filing Date
MYPI20005901A MY130564A (en) 1999-12-16 2000-12-15 Method for automatically extending bidding period in auction system using computer network

Country Status (5)

Country Link
KR (1) KR100318209B1 (en)
AU (1) AU2029101A (en)
MY (1) MY130564A (en)
TW (1) TW490628B (en)
WO (1) WO2001045002A1 (en)

Families Citing this family (13)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US7085740B1 (en) * 1999-10-04 2006-08-01 Raphael Meyers Method and apparatus for conducting auctions
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
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
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
US7921052B2 (en) 2002-12-31 2011-04-05 Autotrader.Com, Inc. Efficient online auction style listings that encourage out-of-channel negotiation
DE102007014821A1 (en) * 2007-03-28 2008-10-02 123 Nährmittel GmbH Sequentially ascending supplier auction executing system, has server computer, where closing of auction is reached during failure of input of effective proposal and is released at computer, and finally accepted bidder is winner
US7739154B1 (en) * 2007-05-03 2010-06-15 At&T Corp Method and system for dynamically extending the duration of an auction
KR101042902B1 (en) * 2008-10-17 2011-06-21 엔에이치엔비즈니스플랫폼 주식회사 Method, system and computer-readable recording medium for controlling sniping in auction for cpt search advertisement
KR100971875B1 (en) * 2009-10-08 2010-07-22 김동철 Method for on-line auction service using communication network
KR101143260B1 (en) * 2010-06-30 2012-05-09 강찬고 Internet auction method with additional bidding of stepwise time-limited type
TWI647640B (en) * 2016-06-07 2019-01-11 南臺科技大學 Method of determining bid winner in on-line auction by automtically raising bids

Family Cites Families (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
KR20000053683A (en) * 1999-09-16 2000-09-05 김선민 auction method and apparatus thereof
KR20000036493A (en) * 2000-03-17 2000-07-05 최충엽 Method and apparatus for servicing of improved auction using computer

Also Published As

Publication number Publication date
WO2001045002A1 (en) 2001-06-21
AU2029101A (en) 2001-06-25
KR100318209B1 (en) 2001-12-24
TW490628B (en) 2002-06-11
KR20010056681A (en) 2001-07-04

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