System and method for a hybrid clock and proxy auction

Details System and method for a hybrid clock and proxy auction System and method for a hybrid clock and proxy auction

G - Physics

06

Q

G06Q 30/00 (2006.01)

Patent

CA 2544785

The present invention is a system and method for a computer-implemented auction wherein a hybrid auction combining elements of a clock auction and a proxy auction. In particular, if the earlier phase (104) is a clock auction and the later phase (108) is a proxy auction, then the resulting hybrid auction will combine the transparency and the simplicity of the clock auction with the efficiency outcome and competitive revenues of the proxy auction. The system includes receiving bids (118), determining an outcome (134) and outputting the results (136).

La présente invention concerne une amélioration apportée à des ventes mises en oeuvre par ordinateur et plus particulièrement la mise en oeuvre par ordinateur d'une vente hybride combinant des éléments d'une vente au cadran et d'une vente par procuration.

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