System and method for deal-making decision optimization

• US 20030229552A1
• Filed: 06/05/2002
• Published: 12/11/2003
• Est. Priority Date: 06/05/2002
• Status: Abandoned Application

• Current Assignee: Jovan Eugen Lebaric, Katarina J. Lebaric
• Original Assignee: Jovan Eugen Lebaric, Katarina J. Lebaric
• Inventors: Lebaric, Katarina J., Lebaric, Jovan Eugen
• Application Number:
  US10/163,332
• Publication Number:
  US 20030229552A1
• Time in Patent Office: Days
• US Class Current: 705/35
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

A system and method for optimizing decision-making for deal-making transactions through a probability-based analysis of historical data. The system includes a computing system which performs a statistical and probability-based analysis on historical data for a specific type of transaction. The analysis may be utilized by the user to make informed decisions based on the analysis performed by the computing system.

Claims

1. A system for optimizing decision-making for deal-making transactions through a statistical analysis of historical data, the system comprising:

a computing system for analyzing data; and

an input terminal communicating with said computing system for inputting data on a transaction and selecting a type of analysis on the transaction data;

said computing system having means for receiving historical data relevant to the analysis on the transaction;

whereby said computing system performs a probabilistic analysis on the historical data and presenting the analysis to the user.

2. The system for optimizing decision-making of claim 1 wherein said computing system determines the relevant historical data necessary to conduct the analysis on the transaction from the selection inputted by the user.

3. The system for optimizing decision-making of claim 1 wherein said computing system includes means for presenting the analysis to the user.

4. The system for optimizing decision-making of claim 3 wherein the means for presenting the analysis includes providing the user with a graphical representation of the analysis.

5. The system for optimizing decision-making of claim 1 wherein the analysis is based on a statistical analysis of the relevant historical data.

6. The system for optimizing decision-making of claim 1 wherein said computing system communicates with an independent information source to obtain relevant historical data.

7. The system for optimizing decision-making of claim 1 wherein s aid computing system includes means for storing relevant historical data.

8. The system for optimizing decision-making of claim 1 wherein said inputted data includes probability data on the transaction and said computing system determines price data and time data associated with the transaction.

9. The system for optimizing decision-making of claim 1 wherein said inputted data includes time data on the transaction and said computing system determines price data and probability data associated with the transaction.

10. The system for optimizing decision-making of claim 1 wherein said inputted data includes price data on the transaction and said computing system determines probability data and time data associated with the transaction.

11. The system for optimizing decision-making of claim 1 wherein the computing system determines profit-related data associated with specified transactions.

12. The system for optimizing decision-making of claim 1 wherein the computing system determines optimum selections.

13. A method of optimizing decision-making for deal-making transactions through a probability-based analysis of historical data, said method comprising the steps of:

providing, by a user, a selection of desired analysis to be performed on a specified transaction to a computing system;

determining, by the computing system, relevant historical data necessary for performing the selected analysis on the specified transaction;

obtaining, by the computing system, the relevant historical data;

performing a probability-based analysis on the relevant historical data; and

presenting the analysis to the user, the analysis assisting the user in decision-making on the specified transaction.

14. The method of optimizing decision-making of claim 13 wherein the step of obtaining relevant historical data includes obtaining data from an independent information source separate from the computing system.

15. The method of optimizing decision-making of claim 13 wherein the step of providing a selection of desired analysis includes defining a characteristic of the historical data by the user.

16. The method of optimizing decision-making of claim 13 wherein the computing system determines the relevant data necessary to perform the analysis based on the selection of desired analysis provided by the user.

17. The method of optimizing decision-making of claim 13 wherein the step of determining relevant historical data is based upon current and past market trends.

18. The method of optimizing decision-making of claim 13 wherein the analysis includes relevant historical data on a plurality of available transactions similar to the specified transaction.

19. The method of optimizing decision-making of claim 13 wherein the step of performing a probability-based analysis includes determining expected values of earning for the user from completion of the specified transaction.

20. The method of optimizing decision-making of claim 13 wherein the step of performing an analysis includes determining a relative value on an amenity associated with the specified transaction.

21. The method of optimizing decision-making of claim 13 wherein the analysis is based on speed and revenue of sales during a plurality of transactions taken from the relevant historical data.

22. The method of optimizing decision-making of claim 13 wherein the step of performing an analysis includes determining an impact on a change in list price associated with the specified transaction.

23. The method of optimizing decision-making of claim 13 wherein the step of performing an analysis includes changing at least one variable to compare a characteristic linking the specified transaction with the historical data.

24. The method of optimizing decision-making of claim 13 wherein the step of performing an analysis includes an analysis based on income production.

25. The method of optimizing decision-making of claim 13 wherein the step of performing an analysis is used by the user to determine market trends upon an industry associated with the specified transaction.

26. The method of optimizing decision-making of claim 13 wherein the step of performing an analysis includes utilizing a mathematical method based on time series analysis.

27. The method of optimizing decision-making of claim 13 wherein the step of performing an analysis includes utilizing mathematical self-optimization of a pattern matching algorithm.

28. The method of optimizing decision-making of claim 27 wherein the mathematical self-optimization includes using moving windows of time to determine an ideal constant value for predictive analysis of the specified transaction.

29. The method of optimizing decision-making of claim 13 wherein:

the specified transaction includes a transfer of ownership of a specific property; and

the step of performing an analysis includes evaluating the specific property as an investment by analyzing associated costs and predicted future returns of the specific property.

30. The method of optimizing decision-making of claim 13 wherein the step of performing an analysis includes evaluating a relative probability of the specified transaction by comparing the specified transaction to similar transactions.

31. The method of optimizing decision-making of claim 13 wherein the step of performing an analysis includes evaluating expected values associated with offers associated with the historical data.

32. The method of optimizing decision-making of claim 13 wherein the step of performing an analysis includes evaluating past analysis to determine an error and adjusting the analysis based on the evaluated error.

33. The method of optimizing decision-making of claim 13 wherein the step of performing an analysis includes analyzing the historical data based on histograms.

34. The method of optimizing decision-making of claim 13 wherein the step of performing an analysis includes analyzing the historical data based on probability-density functions.

35. A method of optimizing decision-making for deal-making real estate transactions through a probability-based analysis of historical data, said method comprising the steps of:

providing, by a user, a selection of desired analysis to be performed on a specified real estate transaction to a computing system;

determining, by the computing system, relevant historical data necessary for performing the selected analysis on the specified real estate transaction;

obtaining, by the computing system, the relevant historical data;

performing a probability-based analysis on the relevant historical data; and

presenting the analysis to the user, the analysis assisting the user in decision-making on the specified real estate transaction.