Non-Subjective Valuing.COPYRGT. the computer aided calculation, appraisal and valuation of anything and anybody
First Claim
1. A method and procedure, implemented on a computer system that dynamically links data, used in conjunction with and pursuant to a survey series, said survey series employing, among others, the science of inductive statistics, accurate sampling and central tendency;
- and said method and procedure having at least one parameter;
said method and procedure mapping data into frame or table type representation, storing and mapping said data in multiple, associated knowledge databases on said computer system;
said method and procedure employing infinitely apportionable analogous weigh quantification, relative to said method and procedure'"'"'s submission that any said probed test entity'"'"'s sum (100%) constitution always consists of not more and not less than what everybody can then think of said probed test entity;
said method and procedure having the purpose of discovering both the communal and particular monetary value of any said probed test entity in terms of a hypothetically ideally informed society and/or a theoretically optimally knowledgeable unique individual, regardless of said probed test entity'"'"'s actual market price;
said method and procedure comprising the steps of;
a) surveying an accurately representative cross section of a selected community or any group of two or more to unearth every currently discoverable characteristic, advantage, disadvantage, quality, trait, virtue, endowment, peculiarity, feature, distinction, property, effect, component, ingredient, part and aspect relevant to said probed entity group or concept, be said probed test entity group pertaining to morals, laws, rules, behavior, thinking sports, fairness, fights, wars, peace, agreements, respectability, power, regulations, prestige, social justice, music, art, taste, fashion, politics, politicians, policies, the concept of "good" and "bad" , philosophies, concepts, religion, laws, elections, propositions, objects, goods, services or any other known or imaginable entity;
b) polling said typical segment of said designated society or any group of two or more, to unearth and then expressin percentage-terms, the prevailing precise collectively perceived relative weigh of each said characteristic, quality, trait, feature, property and aspect relevant to said probed entity group;
c) an interactive computer system, employing at least one monitor screen, or similar display device, conducting a quiz in reference to the user, discovering and expressing in percentage-terms the exact comparable importance to said user, of each said characteristic, quality, trait, feature, property, attribute, and aspect relevant to said probed entity group;
d) calculating the monetary value of an assumed unit in said designated entity group which hypothetical unit is computed exact average, rating a 5 on an infinitely divisible 0-10. 10 being best scale, on every one of its characteristics, qualities, traits, features, properties, attributes and aspects;
said fictitious unit called the NORM, said NORM unit having a total value of 100 points, representing a 100% pie constituting the sum total make up of said NORM unit, this 100% expressing the aggregate of said slices of a pie, or any other graphic analog depiction of appropriate portions of the whole, as long as such other portrayal faithfully pictures the relative importance weighs in percentages, or in another manner, of the respective value-affecting components making up the total constitution of the said probed test entity;
e) storing on said computer'"'"'s database the accurately calculated hypothetical market price of said fictitious, average, 100% NORM unit;
f) further storing on said computer'"'"'s database all said average NORM unit'"'"'s appertaining hypothetically perfectly average characteristics, qualities, traits, features, properties and aspects, the analogue value numbers accurately quantified to represent the said precise relative societal importance of all said characteristics, qualities, traits, features, properties and aspects as revealed by said poll referenced in b) above, such representation called the societal Worth Importance Point pie (WIP), said pie'"'"'s slice sizes representing the respective percentage proportions depicting said respective relative societal weights to said community of all said characteristics, qualities, traits, features, properties and aspects;
g) further storing on said computer'"'"'s database the respective value numbers accurately quantified to represent said individual user'"'"'s precise weigh preferences or the respective relative importance of all said characteristics, qualities, traits, features, properties and aspects as revealed by said quiz, referenced in c) above, to parallel said NORM'"'"'s said comparable average characteristics, qualities, traits, features, properties and aspects, such representation called the individual Worth Importance Point pie (WIP), said pie'"'"'s slice sizes representing said varying percentage proportions depicting said individual user'"'"'s said preferred respective relative weigh allocations relative to each said characteristic, quality, trait, feature, property and aspect;
h) further storing on said computer'"'"'s database said relevant real numbers accurately quantified in terms of said poll referenced in b) above, representing each tested and measured said actual characteristic, quality, trait, feature, property and aspect, as well as the real market price of each said real member of said probed test entity group;
i) employing said knowledge tables, said computer comparing the said quantified numbers that represent the accurately measured real analogous actual characteristics, qualities, traits, features, properties and aspects of each real member of said probed test entity group with said quantified numbers representing said corresponding characteristics, qualities, traits, features, properties and aspects of said fictitious NORM unit, said comparison resulting in comparable respective percentage values for each said member of said probed test entity group;
j) for more exact calculations a "General Factors" value-affecting coordinate is installed on said computer system, mirroring the relative weight-affects of discovered influencing considerations relevant to the entire said probed test entity group or one or some members of said probed test entity group, such environmental worth-influencing component being applied proportionately to sway said monetary value calculations,k) said computer converting, on the basis of said societal WIP, referenced in b) and f) above, said respective percentage values of each said member of said probed test entity group into respective monetary figures, by matching each said probed test entity member'"'"'s said comparable percentage relationship to the said 100% or average monetary value of said NORM unit;
l) said computer further similarly converting, on the basis of said individual WIP, referenced in c) and g) above, said respective percentage values of each said actual member of said probed test entity group into monetary figures, by comparing each said real entity member'"'"'s said respective percentage relationship to the said 100% hypothetical monetary value of said fictitious NORM unit;
m) said computer then displaying for comparison, on said monitor, the respective societal monetary value, called True Value, of each said probed test entity group member, as well as the respective individual monetary value, called Your Value, of each said probed test entity group member, alongside the known, real respective wholesale and retail market prices of each said probed test entity group member, said comparison revealing (1) the monetary value difference between the societal or True monetary value and actual market price of each said probed test entity, (2) the monetary value difference between the individual or Your monetary value and real, existing market price of each said probed test entity, and (3) the monetary value difference among all said tested entities compared with each other, and (4) facilitating the worth-ranking by said computer of all said actual entities according to their respective said total True Values, or (5) said total Individual Values, or (6) ranking said actual entities on any single one of their said characteristics, qualities, traits, features, properties and aspects, or (7) a specific user-selected combination of said characteristics, qualities, traits, features, properties and aspects, or (8) rank said actual entities according to their said relative differences between said actual individual entities'"'"' wholesale and retail prices, or (9) between said actual individual entities'"'"' True and Individual Values, or (10) between said actual individual entities'"'"' retail prices and True Values, or (11) rank said actual individual entities according to any other single or combined said criteria selected by said user.
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Abstract
Non-Subjective Valuing© is a computer-assisted valuing system for discovering both an entity'"'"'s actual current societal monetary value and its contemporary monetary worth specifically to the inquiring individual person, group or corporation, providing a user with such target entity'"'"'s retail and wholesale prices along with its true worth and specific value to the explorer, employing as yardstick the NORM, which is the hypothetical unit in any group that is accurately calculated to be both precisely average in every one of its collectively discoverable characteristics and its price, to which NORM yardstick the present invention compares any test unit in that group on a natural, quantified point basis to obtain such precise current monetary worth of any such test unit, employing a specially conceived, designed and explained organic application of inductive statistics, accurate sampling, central tendency, and statistical inference, for calculating; drawing scientifically valid conclusions about surveying a constantly and factually representative community (such as the United States, 1999, for example), combined with certain new discoveries and unique, novel processes, as set forth herein, enabling Non-Subjective Valuing© instantly and conclusively to empower a prospective trader objectively to compare the contemporary monetary values of any and all competing units in or out of any probed group, regardless of such competing units'"'"' respective current prices.
271 Citations
40 Claims
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1. A method and procedure, implemented on a computer system that dynamically links data, used in conjunction with and pursuant to a survey series, said survey series employing, among others, the science of inductive statistics, accurate sampling and central tendency;
- and said method and procedure having at least one parameter;
said method and procedure mapping data into frame or table type representation, storing and mapping said data in multiple, associated knowledge databases on said computer system;
said method and procedure employing infinitely apportionable analogous weigh quantification, relative to said method and procedure'"'"'s submission that any said probed test entity'"'"'s sum (100%) constitution always consists of not more and not less than what everybody can then think of said probed test entity;
said method and procedure having the purpose of discovering both the communal and particular monetary value of any said probed test entity in terms of a hypothetically ideally informed society and/or a theoretically optimally knowledgeable unique individual, regardless of said probed test entity'"'"'s actual market price;
said method and procedure comprising the steps of;a) surveying an accurately representative cross section of a selected community or any group of two or more to unearth every currently discoverable characteristic, advantage, disadvantage, quality, trait, virtue, endowment, peculiarity, feature, distinction, property, effect, component, ingredient, part and aspect relevant to said probed entity group or concept, be said probed test entity group pertaining to morals, laws, rules, behavior, thinking sports, fairness, fights, wars, peace, agreements, respectability, power, regulations, prestige, social justice, music, art, taste, fashion, politics, politicians, policies, the concept of "good" and "bad" , philosophies, concepts, religion, laws, elections, propositions, objects, goods, services or any other known or imaginable entity; b) polling said typical segment of said designated society or any group of two or more, to unearth and then express in percentage-terms, the prevailing precise collectively perceived relative weigh of each said characteristic, quality, trait, feature, property and aspect relevant to said probed entity group; c) an interactive computer system, employing at least one monitor screen, or similar display device, conducting a quiz in reference to the user, discovering and expressing in percentage-terms the exact comparable importance to said user, of each said characteristic, quality, trait, feature, property, attribute, and aspect relevant to said probed entity group; d) calculating the monetary value of an assumed unit in said designated entity group which hypothetical unit is computed exact average, rating a 5 on an infinitely divisible 0-10. 10 being best scale, on every one of its characteristics, qualities, traits, features, properties, attributes and aspects;
said fictitious unit called the NORM, said NORM unit having a total value of 100 points, representing a 100% pie constituting the sum total make up of said NORM unit, this 100% expressing the aggregate of said slices of a pie, or any other graphic analog depiction of appropriate portions of the whole, as long as such other portrayal faithfully pictures the relative importance weighs in percentages, or in another manner, of the respective value-affecting components making up the total constitution of the said probed test entity;e) storing on said computer'"'"'s database the accurately calculated hypothetical market price of said fictitious, average, 100% NORM unit; f) further storing on said computer'"'"'s database all said average NORM unit'"'"'s appertaining hypothetically perfectly average characteristics, qualities, traits, features, properties and aspects, the analogue value numbers accurately quantified to represent the said precise relative societal importance of all said characteristics, qualities, traits, features, properties and aspects as revealed by said poll referenced in b) above, such representation called the societal Worth Importance Point pie (WIP), said pie'"'"'s slice sizes representing the respective percentage proportions depicting said respective relative societal weights to said community of all said characteristics, qualities, traits, features, properties and aspects; g) further storing on said computer'"'"'s database the respective value numbers accurately quantified to represent said individual user'"'"'s precise weigh preferences or the respective relative importance of all said characteristics, qualities, traits, features, properties and aspects as revealed by said quiz, referenced in c) above, to parallel said NORM'"'"'s said comparable average characteristics, qualities, traits, features, properties and aspects, such representation called the individual Worth Importance Point pie (WIP), said pie'"'"'s slice sizes representing said varying percentage proportions depicting said individual user'"'"'s said preferred respective relative weigh allocations relative to each said characteristic, quality, trait, feature, property and aspect; h) further storing on said computer'"'"'s database said relevant real numbers accurately quantified in terms of said poll referenced in b) above, representing each tested and measured said actual characteristic, quality, trait, feature, property and aspect, as well as the real market price of each said real member of said probed test entity group; i) employing said knowledge tables, said computer comparing the said quantified numbers that represent the accurately measured real analogous actual characteristics, qualities, traits, features, properties and aspects of each real member of said probed test entity group with said quantified numbers representing said corresponding characteristics, qualities, traits, features, properties and aspects of said fictitious NORM unit, said comparison resulting in comparable respective percentage values for each said member of said probed test entity group; j) for more exact calculations a "General Factors" value-affecting coordinate is installed on said computer system, mirroring the relative weight-affects of discovered influencing considerations relevant to the entire said probed test entity group or one or some members of said probed test entity group, such environmental worth-influencing component being applied proportionately to sway said monetary value calculations, k) said computer converting, on the basis of said societal WIP, referenced in b) and f) above, said respective percentage values of each said member of said probed test entity group into respective monetary figures, by matching each said probed test entity member'"'"'s said comparable percentage relationship to the said 100% or average monetary value of said NORM unit; l) said computer further similarly converting, on the basis of said individual WIP, referenced in c) and g) above, said respective percentage values of each said actual member of said probed test entity group into monetary figures, by comparing each said real entity member'"'"'s said respective percentage relationship to the said 100% hypothetical monetary value of said fictitious NORM unit; m) said computer then displaying for comparison, on said monitor, the respective societal monetary value, called True Value, of each said probed test entity group member, as well as the respective individual monetary value, called Your Value, of each said probed test entity group member, alongside the known, real respective wholesale and retail market prices of each said probed test entity group member, said comparison revealing (1) the monetary value difference between the societal or True monetary value and actual market price of each said probed test entity, (2) the monetary value difference between the individual or Your monetary value and real, existing market price of each said probed test entity, and (3) the monetary value difference among all said tested entities compared with each other, and (4) facilitating the worth-ranking by said computer of all said actual entities according to their respective said total True Values, or (5) said total Individual Values, or (6) ranking said actual entities on any single one of their said characteristics, qualities, traits, features, properties and aspects, or (7) a specific user-selected combination of said characteristics, qualities, traits, features, properties and aspects, or (8) rank said actual entities according to their said relative differences between said actual individual entities'"'"' wholesale and retail prices, or (9) between said actual individual entities'"'"' True and Individual Values, or (10) between said actual individual entities'"'"' retail prices and True Values, or (11) rank said actual individual entities according to any other single or combined said criteria selected by said user. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38)
- and said method and procedure having at least one parameter;
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39. A method wherein a computer system appraises the monetary value of a target entity of whatever nature, the value-affecting factors being derived not from surveys, comprising:
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a. storing in a mass storing device the database of multiple records, each including specific information of an individual member of the target group, including relevant historical and other information of individual members of said target entity group, corresponding to the specific value-affecting factors, each assigned multiple levels with respective value-affecting rates; b. computing and filing by the central processing unit the NORM (average) price or ranking, and a collection of normal points based on the described formula, including one, more or all relevant value-affecting rates in the probed field of inquiry; c. prompting a series of inquiries to obtain the specific, value-affecting factors of one or all individual members of the group; d. quantifying one or more relevant attributes of each member of the group; e. quantifying in terms of the user relevant attributes of one or more members of said entity group; f. match to the NORM on a percentage basis the individual probed test entity, by retrieving from the stored database of the mass data storage device the collection of normal points for both the exact average unit and for the probed target entity for said comparison.
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40. A method and procedure, implemented on a computer system that dynamically links data, said method and procedure having at least one parameter;
- said method and procedure mapping data into frame or table type representation, storing and mapping said data in multiple, associated knowledge databases on said computer system;
said method and procedure employing infinitely apportionable analogous weigh quantification, relative to said method and procedure'"'"'s submission that any said probed test entity'"'"'s sum (100%) constitution always consists of not more and not less than the assigned qualities of said probed test entity;
said method and procedure having the purpose of discovering the current monetary value of any said probed test entity in terms of the hypothetically ideally informed, said method and procedure comprising the steps of;a) establishing at least one decisive characteristic, advantage, disadvantage, quality, trait, virtue, endowment, peculiarity, feature, distinctiton, property, effect, component, ingredient, part and aspect relevant to said probed entity group or concept, be said probed test entity group pertaining to homes, used cars, works of art, morals, laws, rules, behavior, thinking, sports, fairness, fights, wars, peace, agreements, respectability, power, regulations, prestige, social justice, music, art, taste, fashion, politics, politicians, policies, the concept of "good" and "bad" , philosophies, concepts, religion, laws, elections, propositions, objects, goods, services or any other known or imaginable entity; b) establishing the precise relative weigh of each said one or more characteristic, advantage, disadvantage, quality, trait, virtue, endowment, peculiarity, feature, distinctiton, property, effect, component, ingredient, part and aspect relevant to said probed entity group; c) calculating the current monetary value of an assumed unit in said designated entity group which hypothetical unit is computed exact average, rating a 5 on an infinitely apportionable 0-10, 10 being best scale, on one, more or every one of its discoverable characteristics, qualities, traits, features, properties, attributes and aspects, said fictitious unit called the NORM, said NORM unit having a total value of 100 points, representing a 100% pie constituting the sum total make up of said NORM unit; d) storing on said computer'"'"'s database the accurately calculated hypothetical current market price of said fictitious, average, 100% NORM unit, said normal unit'"'"'s said average price and said average qualities fused together constituting said NORM or yardstick unit pertaining to said specific probed test entity group; e) furthers storing on said computer'"'"'s database all said average 100%/100 point NORM unit'"'"'s appertaining hypothetically perfectly average, 5-rated characteristics, qualities, traits, features, properties and aspects, the analogue value numbers accurately quantified to represent the said precise relative established importance of all said characteristics, qualities, traits, features, properties and aspects; f) further storing on said computer'"'"'s database said relevant real numbers, 0-10, 10 being best, representing any target entity'"'"'s tested and measured said one, or many, or all actual characteristic, quality, trait, feature, property and aspect of said real member of said probed test entity group; g) employing said knowledge tables, said computer comparing the said quantified numbers that represent the accurately measured real analogous actual characteristics, qualities, traits, features, properties and aspects of each real member of said probed test entity group with said quantified numbers representing said corresponding characteristics, qualities, traits, features, properties and aspects of said fictitious 100% NORM unit, said comparison resulting in comparable plus or minus respective percentage values for each said member of said probed test entity group; h) for more exact calculations an optional "General Factors" value-affecting coordinate may be installed on said computer system, mirroring the relative weight-affects of discovered influencing considerations relevant to the entire said probed test entity group or one or some members of said probed test entity group, such environmental worth-influencing component being applied proportionately to sway said monetary value calculations, i) said computer converting, said respective percentage values of each said member of said probed test entity group into respective monetary figures, by matching each said probed test entity member'"'"'s said comparable percentage relationship to the said 100% or average monetary value of said NORM unit; j) said computer then displaying for comparison, on said display monitor, the current monetary value of said probed test entity group member.
- said method and procedure mapping data into frame or table type representation, storing and mapping said data in multiple, associated knowledge databases on said computer system;
Specification