Determining optimal action in consideration of risk
US8639556B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Sep 19, 2011 |
| Grant date | Jan 28, 2014 |
| Priority date | — |
| Expiry date | Oct 7, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/0635
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method for determining an optimal action in consideration of risk. The method includes the steps of: (a) selecting a state from possible states in a current term; (b) selecting an action from action candidates that can be executed in a selected state; (c) calculating a probability distribution of an evaluation value for a selected action; (d) calculating a risk measure using the probability distribution of the evaluation value; (e) determining a weighting function conforming to at least one preference by taking the risk measure into consideration; (f) calculating a value measure of the selected action; (g) repeating steps (b) through (f) for all other the action candidates that can be executed in the selected state; and (h) comparing the value measures of the selected actions in order to determine an optimal action for the selected state.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.