Modeling the risk relationships and defining the risk set
In a peer-to-peer financial transaction there is a possibility of the trusted peer engaging in an untrustworthy manner and in a negative behaviour on the buyer's expense resulting in the loss of the buyer's resources. This possibility of the loss in the buyer's resources is termed as...
| Main Authors: | , , , , |
|---|---|
| Format: | Conference Paper |
| Published: |
Universidad de Talca
2005
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/13728 |
| _version_ | 1848748423691370496 |
|---|---|
| author | Hussain, Omar Chang, Elizabeth Hussain, Farookh Dillon, Tharam S. Soh, B. |
| author_facet | Hussain, Omar Chang, Elizabeth Hussain, Farookh Dillon, Tharam S. Soh, B. |
| author_sort | Hussain, Omar |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | In a peer-to-peer financial transaction there is a possibility of the trusted peer engaging in an untrustworthy manner and in a negative behaviour on the buyer's expense resulting in the loss of the buyer's resources. This possibility of the loss in the buyer's resources is termed as Risk. Hence Risk analysis is important in a transaction to determine the likelihood of the loss in the resources involved in the transaction. We have developed a methodology by which the trusting peer can assign a Riskiness value to a trusted peer after the transaction hence knowing its Riskiness value. In this paper we represent the Risk relationship that a trusting peer has with a trusted peer after transacting with it and define a standard format for representing the Risk relationship so that when it gives a recommendation to any other trusting peer it is easier for them to interpret and understand. |
| first_indexed | 2025-11-14T07:04:49Z |
| format | Conference Paper |
| id | curtin-20.500.11937-13728 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T07:04:49Z |
| publishDate | 2005 |
| publisher | Universidad de Talca |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-137282017-10-02T02:27:29Z Modeling the risk relationships and defining the risk set Hussain, Omar Chang, Elizabeth Hussain, Farookh Dillon, Tharam S. Soh, B. trust riskiness security peer-to-peer trusting peer risk P2P riskiness value trusted peer information systems In a peer-to-peer financial transaction there is a possibility of the trusted peer engaging in an untrustworthy manner and in a negative behaviour on the buyer's expense resulting in the loss of the buyer's resources. This possibility of the loss in the buyer's resources is termed as Risk. Hence Risk analysis is important in a transaction to determine the likelihood of the loss in the resources involved in the transaction. We have developed a methodology by which the trusting peer can assign a Riskiness value to a trusted peer after the transaction hence knowing its Riskiness value. In this paper we represent the Risk relationship that a trusting peer has with a trusted peer after transacting with it and define a standard format for representing the Risk relationship so that when it gives a recommendation to any other trusting peer it is easier for them to interpret and understand. 2005 Conference Paper http://hdl.handle.net/20.500.11937/13728 Universidad de Talca restricted |
| spellingShingle | trust riskiness security peer-to-peer trusting peer risk P2P riskiness value trusted peer information systems Hussain, Omar Chang, Elizabeth Hussain, Farookh Dillon, Tharam S. Soh, B. Modeling the risk relationships and defining the risk set |
| title | Modeling the risk relationships and defining the risk set |
| title_full | Modeling the risk relationships and defining the risk set |
| title_fullStr | Modeling the risk relationships and defining the risk set |
| title_full_unstemmed | Modeling the risk relationships and defining the risk set |
| title_short | Modeling the risk relationships and defining the risk set |
| title_sort | modeling the risk relationships and defining the risk set |
| topic | trust riskiness security peer-to-peer trusting peer risk P2P riskiness value trusted peer information systems |
| url | http://hdl.handle.net/20.500.11937/13728 |