A methodology for transactional risk assessment and decision making in e-business interactions
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The development and advancement of technologies have enabled users to complete their tasks efficiently. They have also provided them with various options and alternatives to complete and achieve their tasks. In such an environment, it is imperative for a user to make informed decisions that would ensure that its aims or objectives are achieved and its interaction experience is maximized. In the literature, various approaches for decision making have been proposed. But among those approaches, the notion of risk has been considerably ignored in the domain of e-business, despite its having been acknowledged as an important concept related to decision-making in any domain. In this paper, we propose a methodology by which users in an e-business domain can assess and analyze the level of transactional risk in the domain of e-business and then take it into consideration when making an informed interaction-based decision.
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Hussain, Omar (2010)Risk Management is an important process to be carried out for any form of interaction before decision-making. This process will help the concerned user to take steps and actions accordingly in order to address risks and ...
Hussain, Omar; Chang, Elizabeth; Dillon, Tharam S. (2008)While making an interaction-based decision in the domain of e-commerce business interactions, it is important for the initiating agent of the interaction to analyze and consider the level of perceived risk in forming an ...
Hussain, Omar; Chang, Elizabeth; Dillon, Tharam S.; Hussain, Farookh Khadeer (2008)By analyzing the level of perceived risk in the domain of e-business, the interaction initiating agent can determine beforehand whether or not it will achieve its desired outcomes and the associated consequences to it in ...