ALEXANDRIA, Va., June 12 -- United States Patent no. 12,299,554, issued on May 13, was assigned to The Regents of The University of Michigan (Ann Arbor, Mich.).

"Method and apparatus for constructing informative outcomes to guide multi-policy decision making" was invented by Edwin Olson (Ann Arbor, Mich.), Dhanvin H. Mehta (Ann Arbor, Mich.) and Gonzalo Ferrer (Ann Arbor, Mich.).

According to the abstract* released by the U.S. Patent & Trademark Office: "In Multi-Policy Decision-Making (MPDM), many computationally-expensive forward simulations are performed in order to predict the performance of a set of candidate policies. In risk-aware formulations of MPDM, only the worst outcomes affect the decision making process, and efficiently find...