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Ascertaining risk in financial terms in digital business ecosystem environments

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Open access
Authors
Hussain, Omar
Chang, Elizabeth
Hussain, Farookh
Dillon, Tharam S.
Date
2007
Type
Conference Paper

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Citation
Hussain, Omar Khadeer and Chang, Elizabeth and Hussain, Farookh Khadeer and Dillon, Tharam S.. 2007. : Ascertaining risk in financial terms in digital business ecosystem environments, Digital Ecosystems and Technologies Conference, 2007. DEST '07. Inaugural IEEE-EIS, 21-23 Feb 2007, pp. 296-301. Cairns, Australia: IEEE.
Source Conference
Digital Ecosystems and Technologies Conference, 2007. DEST '07. Inaugural IEEE-EIS
DOI
Faculty
Curtin Business School
School of Information Systems
School
Centre for Extended Enterprises and Business Intelligence
Remarks

Copyright 2007 IEEE

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Abstract

In a digital business ecosystem environment the trusting agent, by analysing beforehand the possible risk in interacting with a probable trusted agent, can make a better decision of its future course of interaction. A possible outcome of Risk is the loss of trusting agents? resources involved in the interaction. In a financial interaction, the possible loss that may be incurred is usually the monetary loss of resources by the trusting agent. In this paper, we will propose a methodology by which the trusting agent can determine beforehand the possible Risk in financial terms or the possible loss to its resources as a result of interacting with a probable trusted agent.