Patents Assigned to Decision Command, Inc.
  • Patent number: 8442932
    Abstract: Systems and methods are disclosed that assist in making decisions, valuing a choice or action, promoting creative solutions, and reducing risks. Among other situations, the systems and methods consider situations where the user or users are evaluating a possible single choice or several alternative choices. The criteria to evaluate the decisions are input into a grid, and the user or users rate the one or more alternatives against the different criteria. Given several alternative choices or options, the system and method provides the probability each alternative is the right selection. In one embodiment, the system implements a Bayesian approach. The systems and methods may estimate the value of an option or choice, where the value might be financial or other metric, and may estimate the value of a risk, opportunity or factor that might influence the result. The systems and methods may estimate the amount the chance of being surprised or missing some relevant consideration has been reduced by the analysis.
    Type: Grant
    Filed: March 9, 2010
    Date of Patent: May 14, 2013
    Assignee: Decision Command, Inc.
    Inventor: Willard I. Zangwill
  • Publication number: 20110040720
    Abstract: Systems and methods are disclosed that assist in making decisions, valuing a choice or action, promoting creative solutions, and reducing risks. Among other situations, the systems and methods consider situations where the user or users are evaluating a possible single choice or several alternative choices. The criteria to evaluate the decisions are input into a grid, and the user or users rate the one or more alternatives against the different criteria. Given several alternative choices or options, the system and method provides the probability each alternative is the right selection. In one embodiment, the system implements a Bayesian approach. The systems and methods may estimate the value of an option or choice, where the value might be financial or other metric, and may estimate the value of a risk, opportunity or factor that might influence the result. The systems and methods may estimate the amount the chance of being surprised or missing some relevant consideration has been reduced by the analysis.
    Type: Application
    Filed: March 9, 2010
    Publication date: February 17, 2011
    Applicant: DECISION COMMAND, INC.
    Inventor: Willard I. Zangwill
  • Patent number: 7676446
    Abstract: Systems and methods are disclosed to assist in making decisions. The systems and methods consider situations where the user is determining which of several alternatives is the best choice. The criteria to evaluate the decisions are input into a grid, and the user rates the different alternatives against the different criteria. Given several alternative choices or options, it provides the probability each alternative is the right selection. In one embodiment, the system implements a Bayesian approach. The systems and methods may estimate the chance some important consideration was missed thereby reducing the chance of being surprised or blindsided. The system and method may also examine the inputs to a decision analysis in order to detect entries that might reflect bias, assumptions or unusual reasoning, thereby increasing the chance of obtaining the correct answer. The systems and methods may also identify the factors that were predictive.
    Type: Grant
    Filed: January 10, 2007
    Date of Patent: March 9, 2010
    Assignee: Decision Command, Inc.
    Inventor: Willard I. Zangwill