US Patent 7672894 Automated bidding system for use with online auctions
Patent 7672894 was granted and assigned to Shopzilla on March, 2010 by the United States Patent and Trademark Office.
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Patent abstract
A computer implemented bidding method for use in bidding on auction items that allows for a desired optimization of bid amounts. The method includes selecting a set of one or more biddable items offered at auction wherein for a biddable item the auction offers a ranking for one or more received bids according to bid amounts, determining the current bids for a set of the biddable items, determining a bid amount for a selected biddable item based on a given utility function to determine a set of rankings for achieving a desired optimized outcome from the bidding, and submitting a set of bid amounts.
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Patent Inventor Names
George Rebane0
Haitao Wang0
Keith Allen Dutton0
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Official Website
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US Patent 07672894 Automated bidding system for use with online auctions US Patent 7672894 Automated bidding system for use with online auctions
Infobox
Patent Number
076728940
Patent Number
76728940
Edits on 25 Sep, 2022
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Infobox
Is a
Current Assignee
Patent Jurisdiction
Patent Number
076728940
Date of Patent
March 2, 2010
0Patent Application Number
102011180
Date Filed
July 22, 2002
0Official Website
Patent Primary Examiner
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US Patent 07672894 Automated bidding system for use with online auctions
Infobox
Is a
Current assignee
Patent jurisdiction
Patent number
07672894
Date of patent
March 2, 2010
Patent application number
10201118
Date Filed
July 22, 2002
Patent primary examiner
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