Quantifying risk in financial terms in an e-transaction.
MetadataShow full item record
Copyright 2006 IEEE
This material is presented to ensure timely dissemination of scholarly and technical work. Copyright and all rights therein are retained by authors or by other copyright holders. All persons copying this information are expected to adhere to the terms and constraints invoked by each author's copyright. In most cases, these works may not be reposted without the explicit permission of the copyright holder.
An outcome of Risk is the possible loss that could incur in an interaction. In a peer-to-peer financial interaction, the possible loss that could incur is usually the financial loss in the resources of the trusting agent that are involved in the interaction. Hence, a consideration for the trusting agent to analyze the Risk in interacting with any probable trusted agent in order to decide whether to interact with it or not, is to determine the potential loss in its resources that may occur. In this paper, we will propose a methodology by which the trusting agent can determine beforehand the possible loss that could be incurred to it as a result of interacting with a probable trusted agent.
Showing items related by title, author, creator and subject.
Trust and reputation for service-oriented environments: Technologies for building business intelligence and consumer confidenceChang, Elizabeth; Dillon, Tharam S.; Hussain, Farookh (2006)Trust has played a central role in human relationships and hence has been the subject of study in many fields including business, law, social science, philosophy and psychology. It has played a pivotal role in forming ...
Hussain, Omar; Chang, Elizabeth; Hussain, Farookh; Dillon, Tharam S. (2006)Decision making is a complex process. It involves dealing with a lot of uncertainty and projecting in mind what the final outcome might be at the end. Based on the projection of the final outcome a decision is taken. ...
Hussain, Omar; Chang, Elizabeth; Hussain, Farookh; Dillon, Tharam S.; Soh, B. (2006)The trusting peer in order to determine the likelihood of the loss in its resources might analyze the Risk before engaging in an interaction with any trusted peer. This likelihood of the loss in the resources is termed ...