| 摘要 |
A system and method for minimizing the purchase costs to a buyer of Units in a multiple seller/single buyer auction environment are described. The method includes presenting sellers of Units with a buyer's demand and an initial per Unit price offer. Seller(s) may accept the offer by transmitting a quantity of Units to be associated with the acceptance. If no acceptance of the offer is received, or the total acceptances are less than the demand, the per Unit price offer may be incrementally increased. As acceptances are received, the demand may be reduced by the quantities associated with the acceptances and the remaining demand published to the auction participants. The process continues until the buyer's demand is filled or a maximum per Unit price is reached. If a maximum per Unit price is reached before the demand has been filled, some embodiments may publish a last call per Unit price. |
