| 摘要 |
Techniques for generating revenues from a bidding process that announces a winning bid that is lowest but unique among all bidders are disclosed. Opposite from a traditional auction in which the highest bid always wins, the present invention dictates a lowest and unique bid wins. A seller generates revenue by selling an item to the highest bidder in a traditional auction while a seller generates revenue from a bidding process of selling an item to the lowest and unique bidder in the present invention. In other words, the final sale price of an item in the present invention is no longer a significant portion of the revenue, the majority of the revenue comes from the process of bidding for the item by all participating bidders.
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