摘要 |
<p>A computer or computer system and method for implementing on a computer a dynamic multi-unit auction is described in which the price paid or received by bidders tends to be independent of their own bids, in which participants may be provided with information concerning their competitors' bids as the auction progresses, and in which the confidentiality of high values is maintained. The system receives bids from a plurality of bidders for a plurality of items in a dynamic bidding process and usually determines an allocation of the items among bidders. This provides the advantage of improving the economic efficiency of the auction design and usefully enables a seller or buyer to efficiently auction multiple types of goods or services, and to efficiently auction items with complex possibilities for substitution. <IMAGE></p> |