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:
Oct. 06, 2009
Filed:
Dec. 29, 2000
Scott W. Atkinson, Pittsburgh, PA (US);
Anthony F. Bernard, Wexford, PA (US);
William D. Rupp, Mt. Lebanon, PA (US);
Daniel C. Heckmann, Pittsburgh, PA (US);
Vincent F. Rago, Pittsburgh, PA (US);
Scott W. Atkinson, Pittsburgh, PA (US);
Anthony F. Bernard, Wexford, PA (US);
William D. Rupp, Mt. Lebanon, PA (US);
Daniel C. Heckmann, Pittsburgh, PA (US);
Vincent F. Rago, Pittsburgh, PA (US);
Ariba, Inc., Sunnyvale, CA (US);
Abstract
A method of conducting an auction in at least two rounds is disclosed. The method includes conducting the first auction round, applying a rule to an occurrence in the first auction round, and conducting the second auction round in accordance with the application of the rule to the occurrence in the first auction round. A system for conducting an auction in at least two rounds is also disclosed. The system includes a sponsor processor, a first bidder processor communicating with the sponsor processor, and a second bidder processor communicating with the sponsor processor. In the system, the sponsor processor contains instructions which, when executed by the processor, cause the processor to conduct the first auction round, apply a rule to an occurrence in the first auction round, and conduct a second auction round in accordance with the applied rule.