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From Conceptual Probabilistic Behavior to Operational Measurements

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  • G. Dedene
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    Abstract

    This paper discusses a new approach to incorporate probabilistic behavior in object-oriented Business Models. Probabilistic Finite State Machines are presented and analyzed in terms of their Dynamic and Static properties. In this way, conceptual behavior models are translated in a precise fashion into measures that are very relevant from an operational point of view, for the implementation of the conceptual models. The techniques proposed here only represent a first step into a new area of Business Modeling.

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    File URL: http://www.econ.kuleuven.be/tem/jaargangen/2001-2010/2005/TEM%202005-4/TEM_4_05_Dedene.pdf
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    Bibliographic Info

    Article provided by Katholieke Universiteit Leuven, Faculteit Economie en Bedrijfswetenschappen in its journal Review of Business and Economics.

    Volume (Year): L (2005)
    Issue (Month): 4 ()
    Pages: 731-744

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    Handle: RePEc:ete:revbec:20050413

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    Web page: http://www.econ.kuleuven.be
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