The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Mar. 09, 2010
Filed:
Dec. 20, 2006
Kyle M. Nakamoto, Bellevue, WA (US);
Christopher A. Forgie, Lombard, IL (US);
Scott H. Mathews, Seattle, WA (US);
Vinay T. Datar, Mercer Island, WA (US);
Kyle M. Nakamoto, Bellevue, WA (US);
Christopher A. Forgie, Lombard, IL (US);
Scott H. Mathews, Seattle, WA (US);
Vinay T. Datar, Mercer Island, WA (US);
The Boeing Company, Chicago, IL (US);
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 a present value distribution of contingent future benefits at an expiration exercise point, and present values of respective exercise prices at the expiration exercise point and one or more decision points before that point. Determining these present value distribution and present values may include discounting a distribution and respective values according to first and second discount rates, respectively. The method may also include repeatedly determining, for a plurality of forecasted asset values at a selected decision point, respective values based upon the present value distribution and the present values, where the respective values may be conditioned on the forecasted asset values. A forecasted asset value that maximizes the value may then be selected.