Patent ID: 8335738

Claim:
A system for enabling a bidder to participate in an auction of a plurality of items, said auction including a dynamic auction phase followed by a package auction phase, the system comprising: a) means for enabling a bidder to participate in the dynamic auction phase, said means comprising: a1) means for receiving auction information from an auction computer, said information including one or more prices for the plurality of items; and a2) first transmitter means for transmitting bids from at least one bidder in at least two auction rounds to said auction computer, said bids including at least an indicator of at least one of the plurality of items; b) means for changing participation from the dynamic auction phase to the package auction phase; and c) means for enabling a bidder to participate in the package auction phase, said means comprising second transmitter means for transmitting at least one bid from at least one bidder to the auction computer, said bid including at least an indicator of a package of the plurality of items and an associated price for the package.