Fair Isaac Corporation

Marc-david Cohen

Zhenyu Yan

Ashutosh Joshi

Shailesh Kumar

Deenadayalan Narayanaswamy

Methods and related system are described for making decisions. A described method includes selecting a choice from the available choices, receiving an outcome relating to the selected choice, and automatically learning from the received outcome by incorporating the received outcome into subsequent steps of selecting a choice. The method may also include calculating estimated probabilities associated with the each choice using Bayesian networks. The automated learning can be based on a learning rate which is variable with time, and influences the degree on which prior outcomes are relied upon when calculating an estimated probability associated with a choice. The learning rate can be a function of time and an estimate of drift of the probability associated with the selected choice.

Variable learning rate automated decisioning

A computer-implemented method described for facilitating selection of an assortment of products to offer for sale. The method includes receiving transaction data representing characteristics of a plurality of commercial transactions including a first product and a second product. Product attribute data representing attributes for at least the two products are also received. Substitution demand data for the second product is estimated which represents demand for the second product given the first product is not available, the estimation being based on the transaction data and product attribute data.

Growing community of inventors

Ross, CA, United States of America

Marc-david Cohen