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.

Date of Patent:
Feb. 14, 2017

Filed:

Mar. 13, 2013
Applicant:

Risk Management Solutions, Inc., Newark, CA (US);

Inventors:

Shahram Taghavi, San Francisco, CA (US);

Nirmal Jayaram, Union City, CA (US);

Assignee:
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06F 17/50 (2006.01); G06Q 10/06 (2012.01); G06Q 30/02 (2012.01); G06Q 40/08 (2012.01);
U.S. Cl.
CPC ...
G06Q 10/06 (2013.01); G06Q 30/0283 (2013.01); G06Q 40/08 (2013.01); G06F 17/5009 (2013.01);
Abstract

A system stochastically models events related to potential perils (e.g., hurricanes, terrorist attacks) using a weighted period event table. Both rare and likely events are captured in modeling with minimal computational overhead, allowing appropriate allocation of resources. Applications include disaster response, municipal planning, financial risk modeling and allocation.


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