Method and apparatus for modeling a business processes
First Claim
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1. A method of determining the economic impact of business policies, comprising the steps of:
- a) defining a plurality of players including an associated set of rules defining a possible decision space, a decision-making process tree, an information set, an outcome function, and a payoff function for each player;
b) translating the player definitions into codified scripts; and
c) executing the codified script wherein the result of the outcome and payoff functions at the end of execution of a script stage determines the economic impact of the business policies defined by the rules.
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Abstract
A method of determining the behavioral outcome resulting from a business rule includes the step of defining at least one player, business rules, and an environment that defines actions that the player can take in accordance with the business rules. The definitions are translated into a codified script. The behavioral outcome resulting from player-selected actions during execution of the codified script are determined.
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Citations
20 Claims
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1. A method of determining the economic impact of business policies, comprising the steps of:
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a) defining a plurality of players including an associated set of rules defining a possible decision space, a decision-making process tree, an information set, an outcome function, and a payoff function for each player;
b) translating the player definitions into codified scripts; and
c) executing the codified script wherein the result of the outcome and payoff functions at the end of execution of a script stage determines the economic impact of the business policies defined by the rules. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. An apparatus for determining the economic impact of business policies, comprising:
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a) a business process definition module for defining a plurality of players including an associated set of rules defining a possible decision space, a decision-making process tree, an information set, an outcome function, and a payoff function for each player;
b) a script translator module for translating the player definitions into codified scripts, wherein the codified scripts define at least one simulation stage; and
c) a simulation module for executing the codified scripts, wherein the result of the outcome and payoff functions at the end of execution of the at least one script stage determines the economic impact of the business policies defined by the rules. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17)
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18. A method of predicting the behavioral outcome resulting from a business rule comprising the steps of:
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a) defining at least one player, business rules, and an environment that defines actions that the player can take in accordance with the business rules;
b) translating the definitions into a codified script; and
c) determining a behavioral outcome resulting from player-selected actions during execution of the codified script. - View Dependent Claims (19, 20)
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Specification