Patents by Inventor John W. Payne

John W. Payne has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 10818134
    Abstract: A system, method, and non-transitory computer readable medium having instructions for determining a loss aversion score for a user. A gamble table comprises a plurality of gamble pairs. Each gamble pair includes a loss aversion gamble and a gain seeking gamble. A loss aversion coefficient for each gamble pair is determined. The gamble pairs are displayed in random order and user selections are received. The user selections include, for each gamble pair, one of the loss aversion gamble and the gain seeking gamble. The gamble pairs are arranged in an ascending order or a descending order based on the loss aversion coefficients and a transition among the user selections is identified. The transition is used to determine the loss aversion score. The loss aversion score depends at least in part on the loss aversion coefficient of the gamble pair associated with the identified transition.
    Type: Grant
    Filed: May 24, 2019
    Date of Patent: October 27, 2020
    Assignee: Digital Nudging Tech LLC
    Inventors: Shlomo Benartzi, John W. Payne
  • Publication number: 20190279462
    Abstract: A system, method, and non-transitory computer readable medium having instructions for determining a loss aversion score for a user. A gamble table comprises a plurality of gamble pairs. Each gamble pair includes a loss aversion gamble and a gain seeking gamble. A loss aversion coefficient for each gamble pair is determined. The gamble pairs are displayed in random order and user selections are received. The user selections include, for each gamble pair, one of the loss aversion gamble and the gain seeking gamble. The gamble pairs are arranged in an ascending order or a descending order based on the loss aversion coefficients and a transition among the user selections is identified. The transition is used to determine the loss aversion score. The loss aversion score depends at least in part on the loss aversion coefficient of the gamble pair associated with the identified transition.
    Type: Application
    Filed: May 24, 2019
    Publication date: September 12, 2019
    Inventors: Shlomo Benartzi, John W. Payne
  • Publication number: 20170365129
    Abstract: A system, method, and non-transitory computer readable medium having instructions for determining an expected utility value of an investment portfolio for a user using a personalized loss aversion score. The expected utility value for an investment portfolio is determined, using the user's loss aversion score and the portfolio's possible outcomes, probability of each outcome and a utility corresponding to each outcome. Expected utility values can be determined for a plurality of investment portfolios and the investment portfolio having the highest expected utility value is recommended to the user.
    Type: Application
    Filed: August 18, 2017
    Publication date: December 21, 2017
    Inventors: Shlomo Benartzi, John W. Payne
  • Publication number: 20170365130
    Abstract: A system, method, and non-transitory computer readable medium having instructions for determining an expected utility value of a fund for a user using a personalized loss aversion score. The expected utility value for a fund is determined, using the user's loss aversion score and the fund's possible outcomes, probability of each outcome and utility corresponding to each outcome. Expected utility values can be determined for a plurality of funds and the funds are ranked according to their expected utility values and the ranking is provided to the user.
    Type: Application
    Filed: August 18, 2017
    Publication date: December 21, 2017
    Inventors: Shlomo Benartzi, John W. Payne
  • Publication number: 20170154493
    Abstract: A system, method, and non-transitory computer readable medium having instructions for determining a loss aversion score for a user. A gamble table comprises a plurality of gamble pairs. Each gamble pair includes a loss aversion gamble and a gain seeking gamble. A loss aversion coefficient for each gamble pair is determined. The gamble pairs are displayed in random order and user selections are received. The user selections include, for each gamble pair, one of the loss aversion gamble and the gain seeking gamble. The gamble pairs are arranged in an ascending order or a descending order based on the loss aversion coefficients and a transition among the user selections is identified. The transition is used to determine the loss aversion score. The loss aversion score depends at least in part on the loss aversion coefficient of the gamble pair associated with the identified transition.
    Type: Application
    Filed: November 17, 2016
    Publication date: June 1, 2017
    Inventors: SHLOMO BENARTZI, JOHN W. PAYNE
  • Patent number: 5096969
    Abstract: A blocking material composition, an essentially homogeneous mixture of(a) 80-90 weight percent of an ethylene derived hydrocarbon polymer having a molecular weight of 2600, a melting point of 51.degree. C. and a density of 0.79 g/cc at 93.degree. C.,(b) 10-15 weight percent of a thermoplastic, low molecular weight aliphatic hydrocarbon resin derived from mixed monomers of petroleum origin having a softening point of 98.degree.-102.degree. C., a specific gravity of 0.948 at 25.degree. C., an acid number <1, a molecular weight of 1985 and(c) 1-3 weight percent of an ethylene/vinyl acetate copolymer having a vinyl acetate content of 18 percent by weight, a melt index of 150 g/10 min, a density of 937 g/cm.sup.3 at 23.degree. C. and a softening point, ring and ball, of 99.degree. C. Also disclosed is a lens block of the blocking material and method for securing an ophthalmic lens to one surface of a lens block by applying to one surface of said lens block a molten blocking material composition.
    Type: Grant
    Filed: November 30, 1990
    Date of Patent: March 17, 1992
    Assignee: Icare Industries Incorporated
    Inventors: John W. Payne, Charles J. Duffy, Jr.
  • Patent number: 4610432
    Abstract: A break-away fence rail and support post for a horse race track fence is constructed to give way when impacted with a predetermined force so as to provide a yieldable barrier upon impact by a horse or jockey. Further, a fence for a race track constructed to provide a smooth non-abrasive surface without projections or discontinuities.
    Type: Grant
    Filed: July 2, 1982
    Date of Patent: September 9, 1986
    Assignee: Race-Rail, Inc.
    Inventors: Robert T. Lewis, George F. Dwyer, Jr., John W. Payne