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. 25, 2014
Filed:
Dec. 01, 2010
Gerald Fahner, Austin, TX (US);
Gerald Fahner, Austin, TX (US);
Fair Isaac Corporation, San Jose, CA (US);
Abstract
A method and system for estimating potential future outcomes resulting from decision alternatives is presented to enable lenders to make lending related decisions. The estimation is based on a propensity score variable that encompasses an effect of multiple covariates associated with one or more individuals for whom the estimation is being performed. For consistency with empirical testing, the estimation approach assumes conditions of unconfoundedness and localized common support. According to the unconfoundedness assumption, for a given variable, the potential outcomes are conditionally independent of the decision alternatives. According to the localized common support assumption, an overlap is ensured between individual accounts that are categorized together as potentially having the same future outcome. The outcomes and an effect (e.g. comparison) of the outcomes may be displayed graphically.