Ascertaining risk in financial terms in digital business ecosystem environments

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 th...

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Bibliographic Details
Main Authors: Hussain, Omar, Chang, Elizabeth, Hussain, Farookh, Dillon, Tharam S.
Format: Conference Paper
Published: IEEE 2007
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/13628
Description
Summary: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.