Transactional risk-based decision making system in e-business interactions
The credit crunch and economic crisis have demonstrated the need to properly understand, characterize and assimilate risk in business activities. Failure to do this has resulted in serious consequences to the users involved. So the analysis and management of risk is one of the important pre-requisit...
| Main Authors: | , , , |
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| Format: | Journal Article |
| Published: |
CRL Publishing
2010
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/27851 |
| _version_ | 1848752378125221888 |
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| author | Hussain, Omar Dillon, Tharam S. Hussain, Farookh Khadeer Chang, Elizabeth |
| author_facet | Hussain, Omar Dillon, Tharam S. Hussain, Farookh Khadeer Chang, Elizabeth |
| author_sort | Hussain, Omar |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | The credit crunch and economic crisis have demonstrated the need to properly understand, characterize and assimilate risk in business activities. Failure to do this has resulted in serious consequences to the users involved. So the analysis and management of risk is one of the important pre-requisites to ensure a successful outcome in a business activity in any domain. In this paper we propose an approach by which an interaction initiating user in the domain of e-business ascertains beforehand the level of transactional risk in the successful completion of its business activity and utilizes it to determine on an interaction. The proposed model considers the different sub-categories and characteristics of transactional risk and ascertains in numeric and semantic terms the different levels and severities of its occurrence. It then utilizes the determined analysis of transactional risk to recommend on an informed interaction-based decision to the interaction initiating user. |
| first_indexed | 2025-11-14T08:07:40Z |
| format | Journal Article |
| id | curtin-20.500.11937-27851 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T08:07:40Z |
| publishDate | 2010 |
| publisher | CRL Publishing |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-278512017-01-30T13:01:37Z Transactional risk-based decision making system in e-business interactions Hussain, Omar Dillon, Tharam S. Hussain, Farookh Khadeer Chang, Elizabeth Risk Propensity Transactional Risk Decision Making Financial Risk Performance Risk The credit crunch and economic crisis have demonstrated the need to properly understand, characterize and assimilate risk in business activities. Failure to do this has resulted in serious consequences to the users involved. So the analysis and management of risk is one of the important pre-requisites to ensure a successful outcome in a business activity in any domain. In this paper we propose an approach by which an interaction initiating user in the domain of e-business ascertains beforehand the level of transactional risk in the successful completion of its business activity and utilizes it to determine on an interaction. The proposed model considers the different sub-categories and characteristics of transactional risk and ascertains in numeric and semantic terms the different levels and severities of its occurrence. It then utilizes the determined analysis of transactional risk to recommend on an informed interaction-based decision to the interaction initiating user. 2010 Journal Article http://hdl.handle.net/20.500.11937/27851 CRL Publishing fulltext |
| spellingShingle | Risk Propensity Transactional Risk Decision Making Financial Risk Performance Risk Hussain, Omar Dillon, Tharam S. Hussain, Farookh Khadeer Chang, Elizabeth Transactional risk-based decision making system in e-business interactions |
| title | Transactional risk-based decision making system in e-business interactions |
| title_full | Transactional risk-based decision making system in e-business interactions |
| title_fullStr | Transactional risk-based decision making system in e-business interactions |
| title_full_unstemmed | Transactional risk-based decision making system in e-business interactions |
| title_short | Transactional risk-based decision making system in e-business interactions |
| title_sort | transactional risk-based decision making system in e-business interactions |
| topic | Risk Propensity Transactional Risk Decision Making Financial Risk Performance Risk |
| url | http://hdl.handle.net/20.500.11937/27851 |