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:
Jun. 24, 2008
Filed:
Aug. 31, 2000
Applicant:
Moshe Bril, Beit Shemesh, IL;
Inventor:
Moshe Bril, Beit Shemesh, IL;
Assignee:
IL Photonics BSD Ltd., Beit-Shemesh, IL;
Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2006.01);
U.S. Cl.
CPC ...
Abstract
A method of processing bids over a network for an item to be sold, using a time based factor for an encountered level of demand, the method comprising, setting a first threshold level at which to offer the item at a first time, setting a second threshold level at which to offer the item at a second time subsequent to the first time, receiving one or more bids over the network, upon receipt of a bid, calculating a bid time as a function of the first threshold level, the second threshold level, the bid, the first time and the second time, and accepting bids received on the basis of the calculated bid time.