Kevin K Growney

US Patent:

20050187859, Aug 25, 2005

Filed:

Apr 18, 2005

Appl. No.:

11/109254

Inventors:

Kevin Growney - San Francisco CA, US
Patrick Youssi - San Francisco CA, US

International Classification:

G06F017/60

US Classification:

705037000

Abstract:

An online auction system for auctioning off products includes a server system, plural buyer systems, and plural seller systems. The server system comprises a seller interface, a buyer interface, a price adjustment mechanism, and a bid manager. The seller interface performs an online bid setup process including obtaining, from a given seller system, price varying information and quantity information corresponding to the price varying information. The buyer interface communicates, to select buyer systems, bid information and product information, and accepts from a given buyer system a given quantity needed and a given bid. The price adjustment mechanism determines a given parity price for the given buyer, which varies according to the given quantity needed. The bid manager defines a given winning bid for the given buyer as a function of the given parity price and a rank of the given buyer in relation to other buyers.

US Patent:

7062460, Jun 13, 2006

Filed:

Oct 12, 1999

Appl. No.:

09/417459

Inventors:

Kevin Growney - San Francisco CA, US
Patrick L. Youssi - San Francisco CA, US

Assignee:

Enduse.com LLC - San Francisco CA

International Classification:

G06F 17/60
G06F 17/00

US Classification:

705 37, 705 1, 705 26, 705 27, 705 80, 705400

Abstract:

An online auction system for auctioning off products includes a server system, plural buyer systems, and plural seller systems. The server system comprises a seller interface, a buyer interface, a price adjustment mechanism, and a bid manager. The seller interface performs an online bid setup process including obtaining, from a given seller system, price varying information and quantity information corresponding to the price varying information. The buyer interface communicates, to select buyer systems, bid information and product information, and accepts from a given buyer system a given quantity needed and a given bid. The price adjustment mechanism determines a given parity price for the given buyer, which varies according to the given quantity needed. The bid manager defines a given winning bid for the given buyer as a function of the given parity price and a rank of the given buyer in relation to other buyers.