Determining the net financial risk for decision making in business interactions

In a business interaction, risk highlights and expresses the uncertainty associated with the achievement of desired outcomes. Failure to achieve these outcomes will result in the interacting userexperiencing financial loss in the business interaction. The level of financial loss that could be experi...

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Main Authors: Hussain, Omar, Dillon, Tharam S., Chang, Elizabeth, Hussain, Farookh
Other Authors: Irfan Awan
Format: Conference Paper
Published: IEEE Computer Society 2009
Subjects:
Online Access:http://portal.acm.org/citation.cfm?id=1578016.1578261
http://hdl.handle.net/20.500.11937/24855
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author Hussain, Omar
Dillon, Tharam S.
Chang, Elizabeth
Hussain, Farookh
author2 Irfan Awan
author_facet Irfan Awan
Hussain, Omar
Dillon, Tharam S.
Chang, Elizabeth
Hussain, Farookh
author_sort Hussain, Omar
building Curtin Institutional Repository
collection Online Access
description In a business interaction, risk highlights and expresses the uncertainty associated with the achievement of desired outcomes. Failure to achieve these outcomes will result in the interacting userexperiencing financial loss in the business interaction. The level of financial loss that could be experienced plays a very important role on the user while forming a business interaction. Further, by ascertaining the financial loss the user can take steps by which it can manage the level of risk. The level of financial loss that could be experienced depends upon the different types of uncertain outcomes associated in the interaction. In this paper we will propose a methodology by which the user in a digital business ecosystem interaction can capture the different types of uncertainties and ascertain the financial risk that could be experienced from it.
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publishDate 2009
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spelling curtin-20.500.11937-248552022-12-09T06:09:41Z Determining the net financial risk for decision making in business interactions Hussain, Omar Dillon, Tharam S. Chang, Elizabeth Hussain, Farookh Irfan Awan Muhammad Younas Takahiro Hara Arjan Durresi non-dependable events risk assessed agent financial risk risk assessing agent dependable events In a business interaction, risk highlights and expresses the uncertainty associated with the achievement of desired outcomes. Failure to achieve these outcomes will result in the interacting userexperiencing financial loss in the business interaction. The level of financial loss that could be experienced plays a very important role on the user while forming a business interaction. Further, by ascertaining the financial loss the user can take steps by which it can manage the level of risk. The level of financial loss that could be experienced depends upon the different types of uncertain outcomes associated in the interaction. In this paper we will propose a methodology by which the user in a digital business ecosystem interaction can capture the different types of uncertainties and ascertain the financial risk that could be experienced from it. 2009 Conference Paper http://hdl.handle.net/20.500.11937/24855 http://portal.acm.org/citation.cfm?id=1578016.1578261 IEEE Computer Society fulltext
spellingShingle non-dependable events
risk assessed agent
financial risk
risk assessing agent
dependable events
Hussain, Omar
Dillon, Tharam S.
Chang, Elizabeth
Hussain, Farookh
Determining the net financial risk for decision making in business interactions
title Determining the net financial risk for decision making in business interactions
title_full Determining the net financial risk for decision making in business interactions
title_fullStr Determining the net financial risk for decision making in business interactions
title_full_unstemmed Determining the net financial risk for decision making in business interactions
title_short Determining the net financial risk for decision making in business interactions
title_sort determining the net financial risk for decision making in business interactions
topic non-dependable events
risk assessed agent
financial risk
risk assessing agent
dependable events
url http://portal.acm.org/citation.cfm?id=1578016.1578261
http://hdl.handle.net/20.500.11937/24855