Inventors:
James L. Gamble - Gibson Island MD, US
International Classification:
G06F 17/60
Abstract:
A public policy auction system for providing a monetary incentive for the adoption of efficient public policies, which encourages constituents of multiple government houses (house, senate, committee, councils, etc. ) at different levels (federal, state, local, international) to bid on attempts to persuade members of those government houses to vote on legislation. The system generally comprises a series of hierarchical negotiations and auctions for the proprietary right to receive a portion of the savings generated from the efficiency of a given public policy. The system is administered over the Internet by a series of software modules. The basic functions are registration of constituents and legislators; logon authorization; a password protected administrative section for setting up auctions and associated support functions; auction functions consisting of two phases, a bidding phase and a lobbying phase, including calculations; support, reporting and graphical views; and a public section for announcements and electronic mail.