Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2006-12-20
2010-06-29
Patel, Jagdish N (Department: 3693)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
Reexamination Certificate
active
07747504
ABSTRACT:
A system, method and computer program product are provided for determining a minimum future benefits value for exercising a contingent claim of an option. The method may include determining present value distribution(s) of contingent future value and present value(s) of respective exercise price(s) at an expiration exercise point and/or one or more decision points before that point. Determining these present value distribution(s) and present value(s) may include discounting respective distribution(s) and value(s) according to first and second discount rates, respectively. The method may also include repeatedly determining, for a plurality of candidate minimum asset values at a selected decision point, respective values based upon one or more of the present value distribution(s) and one or more of the present value(s), where the respective values may be conditioned on the candidate minimum asset values. A candidate minimum asset value that maximizes the value may then be selected.
REFERENCES:
patent: 5377095 (1994-12-01), Maeda et al.
patent: 5692233 (1997-11-01), Garman
patent: 5710578 (1998-01-01), Beauregard et al.
patent: 5960407 (1999-09-01), Vivona
patent: 6061662 (2000-05-01), Makivic
patent: 6078893 (2000-06-01), Ouimet et al.
patent: 6078901 (2000-06-01), Ching
patent: 6157918 (2000-12-01), Shepherd
patent: 6205431 (2001-03-01), Willemain et al.
patent: 6321205 (2001-11-01), Eder
patent: 6321212 (2001-11-01), Lange
patent: 6381586 (2002-04-01), Glasserman et al.
patent: 6393406 (2002-05-01), Eder
patent: 6629082 (2003-09-01), Hambrecht et al.
patent: 6810332 (2004-10-01), Harrison
patent: 6853952 (2005-02-01), Chadwick
patent: 6862579 (2005-03-01), Mathews et al.
patent: 6910017 (2005-06-01), Woo et al.
patent: 6963854 (2005-11-01), Boyd et al.
patent: 7085734 (2006-08-01), Grant et al.
patent: 7110956 (2006-09-01), Drake et al.
patent: 7133848 (2006-11-01), Phillips et al.
patent: 7197474 (2007-03-01), Kitts
patent: 7315842 (2008-01-01), Wang
patent: 7349878 (2008-03-01), Makivic
patent: 7398221 (2008-07-01), Bensoussan et al.
patent: 7574394 (2009-08-01), Chorna et al.
patent: 2001/0041996 (2001-11-01), Eder
patent: 2002/0010667 (2002-01-01), Kant et al.
patent: 2002/0116348 (2002-08-01), Phillips et al.
patent: 2002/0143604 (2002-10-01), Cox et al.
patent: 2003/0014337 (2003-01-01), Mathews et al.
patent: 2003/0033191 (2003-02-01), Davies et al.
patent: 2003/0078870 (2003-04-01), Datar et al.
patent: 2003/0115128 (2003-06-01), Lange et al.
patent: 2003/0144897 (2003-07-01), Burruss et al.
patent: 2003/0236738 (2003-12-01), Lange et al.
patent: 2004/0068455 (2004-04-01), Jacobus et al.
patent: 2004/0098327 (2004-05-01), Seaman
patent: 2004/0128221 (2004-07-01), Pandher
patent: 2004/0249642 (2004-12-01), Mathews et al.
patent: 2005/0102213 (2005-05-01), Savasoglu et al.
patent: 2005/0125318 (2005-06-01), Jameson
patent: 2006/0253355 (2006-11-01), Shalen
patent: 2007/0011065 (2007-01-01), Sreenivasan et al.
patent: 2007/0022031 (2007-01-01), Sponholtz et al.
patent: 2007/0050282 (2007-03-01), Chen et al.
patent: 2007/0106576 (2007-05-01), Jung et al.
patent: 2007/0112661 (2007-05-01), Mathews
patent: 2007/0150390 (2007-06-01), Mathews et al.
patent: 2007/0150391 (2007-06-01), Mathews et al.
patent: 2007/0150392 (2007-06-01), Mathews et al.
patent: 2007/0150393 (2007-06-01), Mathews et al.
patent: 2007/0150394 (2007-06-01), Mathews et al.
patent: 2007/0150395 (2007-06-01), Nakamoto et al.
patent: 2007/0162376 (2007-07-01), Mathews et al.
patent: 2007/0299753 (2007-12-01), Averbuch et al.
patent: 2008/0015871 (2008-01-01), Eder
patent: 2008/0109341 (2008-05-01), Stiff et al.
patent: 2008/0147568 (2008-06-01), Wang
patent: 2008/0167984 (2008-07-01), Courey et al.
patent: 2008/0208678 (2008-08-01), Walser et al.
patent: 2008/0228605 (2008-09-01), Wang
patent: 2008/0288394 (2008-11-01), Eder
patent: 2009/0030822 (2009-01-01), Cresswell
patent: 2009/0043604 (2009-02-01), Jung et al.
patent: 2009/0043683 (2009-02-01), Jung et al.
patent: 2009/0099955 (2009-04-01), Peters et al.
patent: 1 178 416 (2002-02-01), None
patent: 2001357189 (2001-12-01), None
Gonzalo Cortazar and Eduardo S. Schwartz, “Monte Carlo Evaluation Model of an Undeveloped Oil Field”, Jan. 13, 1998, Journal of Energy Finance & Development, vol. 3, No. 1, pp. 73-84.
John Charnes, Using Simulation for Option Pricing, Dec. 13, 2000, The University of Kansas School of Business, 1-8.
Eric L. Burgess, Hany S. Gobrieal;Integrating Spacecraft Design and Cost-Risk Analysis Using NASA Technology Readiness Levels; Feb. 1996; 29th Annual DoD Cost Analysis Symposium, Leesburg, Virginia; 14 pages; The Aerospace Corporation; Herndon, Virginia.
Ray Nelson; Risk Analysis Using @RISK® and Crystal Ball®;Oracle of IIF; Dec. 2000; pp. 8-11.
John M. Charnes; Using Simulation for Option Pricing; Dec. 2000; pp. 151-157;Proceedings of the 2000 Winter Simulation Conference, Orlando, Florida.
Risk Analysis Overview—What is Risk?; Available at <http://www.decisioneering.com/risk-analysis-print.html> (visited Feb. 19, 2002).
Real Options with Monte Carlo Simulation; Available at <http://www.puc-rio.br/marco.ind/monte-carlo.html> (visited Feb. 25, 2002).
Cone of Uncertainty; Available at <http://www.real-options.com/cou.html> (visited Oct. 11, 2002).
Weston Copeland;Managerial Finance; 1990; pp. 481-487, 406-407, 642 (10 pages); 9thEdition; ISBN 0 03 0558832.
Alan Shapiro;Modern Corporate Finance; 1990; pp. 438, 261; ISBN 002409530-3.
Felstead, “A Mathematical Approach to Cost Minimization of Satcom Systems”, 1996, IEEE, pp. 352-356.
Morrison, “Life Cycle Approach to New Product Forecasting”, Summer 1995,The Journal of Business Forecasting Methods&Systems, 14, 2, ABI/INFORM Global, p. 3.
Eskin, “Dynamic Forecast of New Product Demand Using a Depth of Repeat Model”, May 1973,JMR Journal of Marketing Research, 10, 0000002, AB/INFORM Global, p. 115.
Bassin, “The Logistic Curve—another approach to new product forecasting”, Fall 1991,The Journal of Business Forecasting Methods&Systems, 10, 3, ABI/INFORM Global, p. 14.
Paszko et al., “Product Life Cycles and Profitability”, Summer 1989,The Journal of Business Forecasting Methods&Systems, 8, 2; ABI/INFORM Global, p. 26.
Nelson, “The Product Life Cycle of Engineered Metals: a comparative analysis of the application of product life cycle theory”, Spring 1992,The Journal of Business&Industrial Marketing, 7, 2, ABI/INFORM Global, p. 5.
Curry, “FALCCM-H: Functional Avionics Life Cycle Cost Model for Hardware”, © 1993, IEEE, pp. 950-953.
Xie et al., “Probabilistic Design Optimization of Aircraft Structures with Reliability, Manufacturability, and Cost Constraints”, Apr. 7-10, 2003, 44thAIAA/ASME/ASCE/AHS Structures, Structural Dynamics, and Materials Conference, Norfolk, VA, p. 1.
Marx et al., “Knowledge-based manufacturing and structural design for a high speed civil transport”, 1994, 1stIndustry / Academy Symposium on Research for Future Supersonic and Hypersonic Vehicles, Greensboro, NC pp. 1-6.
Schrage, “Technology for Rotorcraft Affordability Through Integrated Product/Process Development (IPPD)”, 1999, American Helicopter Society 55thAnnual Forum, Montreal, Canada, pp. 1-19.
Kamath et al., T.P.M. (2002) A Bayesian approach to a dynamic inventory model under an unknown demand distribution. Computers & Operations Research, v. 29, pp. 403-422.
Hirschleifer (1980) Price Theory and Applications. Prentice-Hall: New York, pp. 126-151.
Morris (1992) Market Oriented Pricing. Quarom Books: New York, pp. 172-173.
Evans and Berman (1992). Marketing. Macmillan: New York. Chapter 18: Overview of Price Planning, pp. 526-547.
Berry et al., Automobile Prices in Market Equilibria. Econometrica, vol. 63, No. 4 (Jul. 1995), pp. 841-890.
Monroe, (1978) Models for Pricing Decisions,Journal of Marketing Research, vol. XV (August), pp. 413-428.
Urban et al., (1968) A New Product
Datar Vinay T.
Mathews Scott H.
Nakamoto Kyle M.
Alston & Bird LLP
Patel Jagdish N
Poe Kevin
The Boeing Company
LandOfFree
System, method and computer program product for determining... does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with System, method and computer program product for determining..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System, method and computer program product for determining... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-4248929