EP 1222589 A2 20020717 - SYSTEMS AND METHODS FOR PRICING AND SELLING DIGITAL GOODS
Title (en)
SYSTEMS AND METHODS FOR PRICING AND SELLING DIGITAL GOODS
Title (de)
VORRICHTUNGEN UND METHODEN FÜR DIE PREISAUSZEICHNUNG UND DEN VERKAUF VON DIGITALEN GÜTERN
Title (fr)
SYSTEMES ET PROCEDES DE FIXATION DES PRIX ET DE VENTE DE PRODUITS NUMERIQUES
Publication
Application
Priority
- US 0025763 W 20000921
- US 15545899 P 19990921
Abstract (en)
[origin: WO0122320A2] Systems and methods are provided for pricing, selling, and/or otherwise distributing electronic content using auction mechanisms. A randomized auction mechanism is used to determine both the number of goods that are sold and the selling price. The auction mechanism automatically adapts to the bid distribution to yield revenue that is competitive with that which could be obtained if the vendor were able to determine the optimal fixed price for the goods. In one embodiment a set of bids is randomly or quasi-randomly partitioned into two or more groups. An optimal threshold is determined for each group, and this threshold is then used to select winning bids from one or more of the other groups. In another embodiment, each bid is compared to a competing bid that is randomly or quasi-randomly selected from the set of bids. If the bid is less than the randomly-selected competing bid, the bid is rejected. Otherwise, the bid is accepted and the bidder buys the auctioned item at the price of the randomly-selected bid.
IPC 1-7
IPC 8 full level
G06Q 30/00 (2006.01)
CPC (source: EP)
G06Q 30/06 (2013.01)
Citation (search report)
See references of WO 0122320A2
Citation (examination)
- US 5835896 A 19981110 - FISHER ALAN S [US], et al
- WO 9927476 A2 19990603 - TAYLOR TRUST AS [NO], et al
- WO 9809144 A1 19980305 - TEKSCAN INC [US]
- GOLDBERG A.; HARTLINE J.: "COMPETITIVENESS VIA CONSENSUS", CONFIGURABLE COMPUTING: TECHNOLOGY AND APPLICATION, 23 November 1998 (1998-11-23) - 23 November 1998 (1998-11-23), BOSTON, pages 215 - 222, XP009036857
- BLUM A.; KUMAR V.; RUDRA A.; WU F.: "Online learning in onlind auctions", CONFIGURABLE COMPUTING: TECHNOLOGY AND APPLICATION, 23 November 1998 (1998-11-23) - 23 November 1998 (1998-11-23), BOSTON, pages 202 - 204
- PROCEEDINGS OF THE SECOND USENIX WORKSHOP ON ELECTRONIC COMMERCE, 21 November 1996 (1996-11-21)
- DR. DOBB'S, 1 September 1998 (1998-09-01), pages 70 - 74
Designated contracting state (EPC)
AT BE CH CY DE DK ES FI FR GB GR IE IT LI LU MC NL PT SE
DOCDB simple family (publication)
WO 0122320 A2 20010329; WO 0122320 A8 20011206; AU 4020901 A 20010424; EP 1222589 A2 20020717
DOCDB simple family (application)
US 0025763 W 20000921; AU 4020901 A 20000921; EP 00963655 A 20000921