摘要 |
A service system provided for managing auctions. Buyers issue request for bids to which sellers are expected to respond. The method for performing an auction using the system after buyers and sellers register at the service system. A buyer database and a seller database are set up for each respective buyer and seller registered at the service system. When a request for a bid is issued, responses from sellers are collected. Then the responses are subjected to a ranking procedure. The ranking procedure takes into account data from the databases and from the results of previous bids. |