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From Conceptual Probabilistic Behavior to Operational Measurements

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  • G. Dedene

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.

Suggested Citation

  • G. Dedene, 2005. "From Conceptual Probabilistic Behavior to Operational Measurements," Review of Business and Economic Literature, KU Leuven, Faculty of Economics and Business (FEB), Review of Business and Economic Literature, vol. 0(4), pages 731-744.
    • Handle: RePEc:ete:revbec:20050413
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    References listed on IDEAS

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    1. W. Lemahieu & M. Snoeck & F. Goethals & M. de Backer & R. Haesen & G. Dedene, 2005. "Coordinating COTS applications by means of a business event layer," Post-Print hal-00322801, HAL.
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