Counterfactual testing of finances using financial objects
US8650110B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Apr 10, 2012 |
| Grant date | Feb 11, 2014 |
| Priority date | — |
| Expiry date | Apr 10, 2032 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
During a financial transaction, a functional representation of a financial history of a user is accessed. This functional representation specifies a financial output value based on input values and a behavioral pattern, and the behavioral pattern specifies a relationship between at least a pair of the variables associated with a dimension in the financial history. Then, the functional representation is modified based on a financial circumstance that is different than financial circumstances in the financial history. Moreover, the financial output value is calculated using the functional representation and the input values, and a modified financial output value is calculated using the modified functional representation and the input values. Next, the financial output value and the modified financial output value are compared. Based on the comparison and a testing metric, the electronic device determines a result of the counterfactual testing.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.