USER INTERFACE FOR EXPRESSING FORECASTING ESTIMATES
First Claim
1. A computer-implemented method for allowing a user to express a forecasting estimate, comprising:
- receiving a user input, via a user interface, for providing a probability density curve regarding estimated probabilities of occurrence of different possible outcomes of an event;
scoring at least one of the different possible outcomes of the event based on the probability density curve and a scoring rule; and
providing a display, via the user interface, which depicts the probability density curve.
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Accused Products
Abstract
A user interface allows a user to freehand draw a probability density curve, or to select from predetermined probability densities, such as a normal distribution. The probability density represents the user'"'"'s opinion regarding the probability of occurrence for different outcomes of a future event. The user can easily manipulate the shape of the probability density by dragging portions of the curve using an input device, such as to change the mean or standard deviation. Further, a scoring rule is applied to the probability density so that an updated score is displayed as the probability density is manipulated. The probability density can be input to an estimate contest or a prediction market, for instance. The user interface can also allow the user to freehand draw a scoring curve from which a probability density can be computed based on a scoring rule.
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Citations
20 Claims
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1. A computer-implemented method for allowing a user to express a forecasting estimate, comprising:
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receiving a user input, via a user interface, for providing a probability density curve regarding estimated probabilities of occurrence of different possible outcomes of an event; scoring at least one of the different possible outcomes of the event based on the probability density curve and a scoring rule; and providing a display, via the user interface, which depicts the probability density curve. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A computer-implemented method for allowing a user to express a scoring curve, comprising:
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receiving a user input via a user interface for defining a scoring curve for different possible outcomes of an event; and displaying the scoring curve on the user interface in response to the user input, the scoring curve provides scores for the different possible outcomes of the event based on applying a scoring rule to associated probabilities of occurrence of the different possible outcomes of the event. - View Dependent Claims (10, 11, 12, 13, 14)
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15. Computer readable media having computer readable software embodied thereon for programming at least one processor to perform a method, the method comprising:
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displaying an initial probability density curve regarding estimated probabilities of occurrence of different possible outcomes of an event, the initial probability density curve is provided in response to a user input; providing an initial score for the initial probability density curve for at least one of the estimated probabilities of occurrence; receiving a user input for modifying the initial probability density curve; and providing updated scores in real time as the user modifies the initial probability density curve. - View Dependent Claims (16, 17, 18, 19, 20)
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Specification