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Method and apparatus for modeling a business processes

  • US 8,554,604 B2
  • Filed: 08/30/2001
  • Issued: 10/08/2013
  • Est. Priority Date: 08/30/2001
  • Status: Active Grant
First Claim
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1. A method of determining an economic impact of business policies, comprising:

  • a) providing player definitions defining a plurality of players and an associated set of rules defining a decision space, a decision-making process tree, an information set, an outcome function, and a payoff function for each player;

    b) translating, in a computer system, the player definitions into at least one codified script; and

    c) executing, in the computer system, the at least one codified script, wherein a 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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