A methodology for risk based decision making in a service oriented environment

Hussain, Omar; Chang, Elizabeth; Hussain, Farookh; Dillon, Tharam S.

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Access Status

Open access

Authors

Hussain, Omar

Chang, Elizabeth

Hussain, Farookh

Dillon, Tharam S.

Date

2006

Type

Conference Paper

Metadata

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Citation

Hussain, Omar Khadeer and Chang, Elizabeth and Hussain, Farookh Khadeer and Dillon, Tharam S. 2006. A methodology for risk based decision making in a service oriented environment, in Werner, B. (ed), IEEE International Conference on Sensor Networks, Ubiquitous, and Trustworthy Computing (SUTC 2006), Jun 05 2006, pp. 506-513. Taichung, Taiwan: IEEE Computer Society.

Source Title

IEEE International Conference on Sensor Networks, Ubiquitous, and Trustworthy Computing

Source Conference

IEEE International Conference on Sensor Networks, Ubiquitous, and Trustworthy Computing (SUTC 2006)

Additional URLs

http://ieeexplore.ieee.org/stamp/stamp.jsp?arnumber=01636218

Faculty

Curtin Business School

School of Information Systems

School

Centre for Extended Enterprises and Business Intelligence

Remarks

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.

URI

http://hdl.handle.net/20.500.11937/9609

Collection

Curtin Research Publications

Abstract

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. Decision making in a peer-to-peer financial interaction is a further complex process as it also involves with considering the possible financial loss to the trusting agent in the interaction. In this paper we ease the decision making process of a trusting agent to decide whether to interact with a trusted agent or not or choose a particular trusted agent to interact with, by proposing an approach that analyzes the Risk that could be present in interacting with it.