Distributed live auction

A method for distributing a live auction over the Internet to remote bidders. A human proxy attends the live auction in order to monitor the auction and compose status updates that are distributed to remote bidders via the Internet in real time to allow the remote bidders to follow the auction. Remo...

Full description

Saved in:
Bibliographic Details
Main Authors KRUSE SKY T, FRIEDLAND NOAH S
Format Patent
LanguageEnglish
Published 10.09.2002
Edition7
Subjects
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
ELECTRIC DIGITAL DATA PROCESSING
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
Online AccessGet full text

Cover

More Information
Summary:A method for distributing a live auction over the Internet to remote bidders. A human proxy attends the live auction in order to monitor the auction and compose status updates that are distributed to remote bidders via the Internet in real time to allow the remote bidders to follow the auction. Remote bidders may place bids for items that are transmitted via the Internet to the human proxy, who may then submit the bids to the auctioneer, components that facilitate distribution of the live auction over the Internet include: an auction console, an auction sever, collector/redistributor nodes, and client programs.
Bibliography:Application Number: US19980231127