1. A method for allocating a plurality of priority rights, the method comprising: providing a system, including a computer configured to identify and rank acceptable bid records, that includes a database containing ranks for the plurality of priority rights; storing, in the database, a plurality of bid records received by the system, the bid records including bid amount information; identifying, using the computer, a plurality of acceptable bid records among the plurality of bid records stored in the database, wherein the acceptable bid records are identified, using the computer, as acceptable at least partially based on the bid record bid amount information; automatically ranking, using the computer, the plurality of acceptable bid records at least partially based on the bid record bid amount information; and associating, using the computer, a selected acceptable bid record with at least one of the plurality of priority rights.