Patents
Literature
Patsnap Copilot is an intelligent assistant for R&D personnel, combined with Patent DNA, to facilitate innovative research.
Patsnap Copilot

74 results about "Likely outcome" patented technology

Method for reiterative betting based on supply and demand of betting shares

A betting method determines rate of return on a bet by employing supply and demand forces. The bet can be made on any uncertain future event that has at least two outcomes (e.g. sporting events, financial market fluctuations, and elections). Investors that place a bet on a particular outcome provide money to a betting machine and receive shares (specific to the chosen outcome) in return. For each possible outcome there is a share type. Shares that correspond with the winning bet have a certain guaranteed value when the outcome is determined; losing share types are normally defined as worthless. Before the winning bet is determined, share values are calculated following a supply and demand model according to the following equation:
Q1=B1BTot
where Q1 is the share value for shares corresponding to a first outcome, B1 is the amount bet upon the first outcome, and BTot is the total amount bet on all outcomes. Analogous equations determine share values for all other outcomes. In the present method, share value calculations can be reiterated so that new bets can be placed, and shares can be redeemed for money before the event occurs. In subsequent iterations, the machine exchanges shares for money from new investors and exchanges money for shares redeemed by investors from a previous iteration. The machine calculates revised share values for each outcome based on the amounts of money and shares exchanged. The calculation of the new share values generally involves the solution of a polynomial of order n+1, where n is the number of different outcomes.
Owner:SPECK DIMITRI P M

Method of early case assessment in law suits

A tool which provides counsel with a data collection mechanism to guide them through various steps in the litigation process and directs counsel and/or legal assistants to determine what information is required. The tool provides a “Discovery Generator” that is available to capture counsel's potential discovery requests, which are linked to existing document and form production tools for facilitated production of discovery. The tool informs the user of the percentage of progress of the required information that has been entered. The tool provides an analytical framework that captures the judgment of seasoned practitioners to provide a comprehensive analysis of the legal, factual, and business aspects of the lawsuit. The tool provides methodologies that quantify subjective analyses through the use of weighted measuring schemes. The tool provides a decision tree structure underlying the various steps of the methodology activated by user's answers to queries to aid in the capture and analysis of information. To do this the tool directs counsel to assign values to reflect the importance of various aspects of the litigation. Based on the values that are assigned, counsel's assessment of the particular aspect of the litigation which is captured through the queries mentioned above, and statistical assessments of likely outcomes based on historical records of previously captured information and analogous assessments, the tool provides counsel with suggested paths forward. This process occurs on both a step by step basis as well as with an overall assessment of the case.
Owner:BRIDGEWAY SOFTWARE

Content-based problem automatic classifying method and system

The invention discloses a content-based question automatic classification method and a content-based question automatic classification system. The system comprises a question key word acquisition module, a characteristic space construction module and a semantic mapping module, wherein, the question key word acquisition module is used for acquiring a question key word of a novel question according to a key word label and/or a fillable content label in a template, setting a weight for the question key word and obtaining a question vector of the novel question; the characteristic space construction module is used for acquiring a characteristic vector of each class according to questions of all the prior classes and weights and constructing a characteristic space; the semantic mapping module is connected with the characteristic space construction module and the question key word acquisition module and used for mapping the question vector of the novel problem to the characteristic space, calculating the similarity of the novel problem and each class according to the question vector of the novel question after mapping and the characteristic vector of each class, and returning classes which are most related to the novel problem according to the similarity. The content-based question automatic classification method and the content-based question automatic classification system realize automatic classification of the novel problem which is put forward by a user and return most probable results to the user for selection.
Owner:广东东华发思特软件有限公司
Who we serve
  • R&D Engineer
  • R&D Manager
  • IP Professional
Why Eureka
  • Industry Leading Data Capabilities
  • Powerful AI technology
  • Patent DNA Extraction
Social media
Try Eureka
PatSnap group products