Patent ID: 7711608
Filing Date: 2010-05-04
Classification: G06Q

Abstract:
1. An auction system for determining a bid price for an auction item, comprising: a recording medium for storing item information about the auction item and a bid price of the auction item, the item information being rewritable, the recording medium attached to the auction item; a mobile data device including first readout means for reading out the item information from the recording medium and bidding means for writing a bid price of the auction item into the recording medium; and an information management apparatus including storing means, winner determining means and second readout means, the second readout means reading out the item information and the bid price of the auction item from the recording medium, the storing means storing the current most appropriate bid price in an auction rule read out from the recording medium, information for identifying a bidder who has written the most appropriate bid price into the recording medium, information for identifying the auction item having the most appropriate bid price, and information about a condition for closing the auction on the auction item, the winner determining means determining a winning bidder for the auction item on the basis of the most appropriate bid price when the condition for closing the auction on the auction item is satisfied.