Internet-enabled system and method for modeling economics environments
OwnerKay-Yut Chen, Leslie R. Fine +1inventors
InventorsKay-Yut Chen, Leslie R. Fine, Ren Wu
Life of this patent
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Abstract
An on-line system allows remotely located human subjects to participate in sessions that simulate activities within an economics environment. The system includes an Internet-based interface, which may be web-enabled to allow the presentation of information using a graphical user interface compatible with the World Wide Web. The system simultaneously hosts multiple sessions in which business models are simulated. Information acquired during the sessions may be evaluated to enable informed decisions to be made regarding actual business variables.
Claims21
A system for modeling an economics environment comprising:
- a store of economics rules specific to defining opportunities and policies that form decision-dependent interrelationships within said economics environment;
- a scripting engine configured to be responsive to decision inputs from individual simulation participants in implementing said economics rules, said scripting engine having access to scripts which are executed dynamically by said scripting engine on a basis of said decision inputs;
- and
- an Internet-based interface having access to the global communications network referred to as the Internet to enable said individual simulation participants to access said scripting engine from remote clients.
A system for modeling an economics environment comprising:
- a web-enabled interface configured to enable communications via the Internet;
- an editor responsive to script editing commands received via said web-enabled interface for programming scripts that are interactive with respect to following sequences of business operations;
- a visual code generator cooperative with said editor to enable remote computing devices to operate said editor via said web-enabled interface;
- a script database of said scripts accessible by said editor;
- and
- an engine cooperative with said database to enable interactive execution of said scripts by entering decisions from client computers connected to said engine via said web-enabled interface.
A method of enabling modeling of an economics environment comprising:
- storing economics rules which define business policies, said business policies including definitions of consequences of a plurality of business decisions;
- enabling a plurality of simulations to be executed via Internet connectivity, including following scripts that are based on said economics rules and that vary dynamically on the basis of said consequences as simulation participants select said business decisions, said simulations being conducted by said simulation participants from remote clients via said Internet connectivity;
- and
- storing results of said simulations such that said results are available for basing economics strategies thereon.
Dependencies are inferred from the claim text.