Method for Drop Auction of an Entity, Electronic System and Computer Program Product

摘要

A method for drop auction of an entity comprises providing an electronic system for auction of an entity, and allowing a selling party to enter a definition of the entity to be auctioned and a maximum asking price into the electronic system. An asking price which drops stepwise from the maximum asking price to a minimum asking price is determined. The entity is electronically offered by informing potential buyers about the current asking price. The number, the size and/or the duration of the steps by which the asking price drops is predetermined by a manager of the electronic system.