The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Mar. 22, 2005

Filed:

Jan. 24, 2000
Applicants:

Sam E. Kinney, Jr., Sewickley, PA (US);

Robert G. Stevens, Pittsburgh, PA (US);

John P. Levis, Iii, Pittsburgh, PA (US);

Inventors:

Sam E. Kinney, Jr., Sewickley, PA (US);

Robert G. Stevens, Pittsburgh, PA (US);

John P. Levis, III, Pittsburgh, PA (US);

Assignee:

Other;

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06F017/60 ;
U.S. Cl.
CPC ...
Abstract

A method and system for conducting electronic online auctions having partial quantity evaluated rank bidding is disclosed. Submitted bids are ordered on a basis of a comparative bid parameter used by an originator of an auction. The quantity required by the originator of the auction is then allocated to the offered quantities of the submitted bids based upon a ranked ordering of the bids.


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