A Fuzzy Approach for Transactional Risk Management in E-Business Collaborations

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 achieve the activity's desired goals. Various techniques and approaches for...

Full description

Bibliographic Details
Main Author: Hussain, Omar
Other Authors: Yueting Chai
Format: Conference Paper
Published: IEEE Computer Society 2010
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/11710
_version_ 1848747878614302720
author Hussain, Omar
author2 Yueting Chai
author_facet Yueting Chai
Hussain, Omar
author_sort Hussain, Omar
building Curtin Institutional Repository
collection Online Access
description 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 achieve the activity's desired goals. Various techniques and approaches for risk management have been discussed in the literature. But the process of risk management is not generic and it varies and changes according to the domain or purpose of the interaction for which it is being considered. E-business interactions are collaborative interactions that are mostly carried out over a virtual environment. But by considering the growth of e-business interactions, a process of risk management is needed by which the interacting user can actually minimize and lessen the level of risk before decision-making. In this paper, a quantitative approach for risk management in e-business interactions is proposed which the interacting user can utilize to lessen the level of risk and then make an interaction-based decision.
first_indexed 2025-11-14T06:56:09Z
format Conference Paper
id curtin-20.500.11937-11710
institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T06:56:09Z
publishDate 2010
publisher IEEE Computer Society
recordtype eprints
repository_type Digital Repository
spelling curtin-20.500.11937-117102022-12-09T07:12:37Z A Fuzzy Approach for Transactional Risk Management in E-Business Collaborations Hussain, Omar Yueting Chai Jen-Yao Chung Risk Management Perceived Risk Financial Risk Performance Risk 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 achieve the activity's desired goals. Various techniques and approaches for risk management have been discussed in the literature. But the process of risk management is not generic and it varies and changes according to the domain or purpose of the interaction for which it is being considered. E-business interactions are collaborative interactions that are mostly carried out over a virtual environment. But by considering the growth of e-business interactions, a process of risk management is needed by which the interacting user can actually minimize and lessen the level of risk before decision-making. In this paper, a quantitative approach for risk management in e-business interactions is proposed which the interacting user can utilize to lessen the level of risk and then make an interaction-based decision. 2010 Conference Paper http://hdl.handle.net/20.500.11937/11710 10.1109/ICEBE.2010.101 IEEE Computer Society fulltext
spellingShingle Risk Management
Perceived Risk
Financial Risk
Performance Risk
Hussain, Omar
A Fuzzy Approach for Transactional Risk Management in E-Business Collaborations
title A Fuzzy Approach for Transactional Risk Management in E-Business Collaborations
title_full A Fuzzy Approach for Transactional Risk Management in E-Business Collaborations
title_fullStr A Fuzzy Approach for Transactional Risk Management in E-Business Collaborations
title_full_unstemmed A Fuzzy Approach for Transactional Risk Management in E-Business Collaborations
title_short A Fuzzy Approach for Transactional Risk Management in E-Business Collaborations
title_sort fuzzy approach for transactional risk management in e-business collaborations
topic Risk Management
Perceived Risk
Financial Risk
Performance Risk
url http://hdl.handle.net/20.500.11937/11710