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.
Patent No.:
Date of Patent:
Dec. 19, 2006
Filed:
Apr. 11, 2001
Marc Alaia, Glenshaw, PA (US);
David J. Becker, Sewickley, PA (US);
Anthony F. Bernard, Wexford, PA (US);
Daniel C. Heckmann, Pittsburgh, PA (US);
Sam E. Kinney, Jr., Sewickley, PA (US);
Glen T. Meakem, Sewickley, PA (US);
Vincent F. Rago, Pittsburgh, PA (US);
Jason Reneau, Boston, MA (US);
Frederick W. Roberts, Pittsburgh, PA (US);
William D. Rupp, Pittsburgh, PA (US);
Robert G. Stevens, Pittsburgh, PA (US);
Marc Alaia, Glenshaw, PA (US);
David J. Becker, Sewickley, PA (US);
Anthony F. Bernard, Wexford, PA (US);
Daniel C. Heckmann, Pittsburgh, PA (US);
Sam E. Kinney, Jr., Sewickley, PA (US);
Glen T. Meakem, Sewickley, PA (US);
Vincent F. Rago, Pittsburgh, PA (US);
Jason Reneau, Boston, MA (US);
Frederick W. Roberts, Pittsburgh, PA (US);
William D. Rupp, Pittsburgh, PA (US);
Robert G. Stevens, Pittsburgh, PA (US);
Ariba, Inc., Sunnyvale, CA (US);
Abstract
A method and system for conducting electronic auctions is described. A dynamic lot closing extension feature avoids collisions in closing times of multiple lots by dynamically extending the closing time of a subsequent lot if a preceding lot's closing time is extended to be too close to the subsequent lot's then-currently scheduled closing time. In one embodiment, scheduled closing times can be extended with a flexible overtime feature, in which the properties of the event triggering the extension and the duration of the overtime period(s) can be tailored to a particular auction, particular lots of products within an auction, and to the particular time within an auction process.