A methodology for risk based decision making in a service oriented environment
Decision making is a complex process. It involves dealing with a lot of uncertainty and projecting in mind what the final outcome might be at the end. Based on the projection of the final outcome a decision is taken. Decision making in a peer-to-peer financial interaction is a further complex proces...
| Main Authors: | , , , |
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| Format: | Conference Paper |
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IEEE Computer Society
2006
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| Subjects: | |
| Online Access: | http://ieeexplore.ieee.org/stamp/stamp.jsp?arnumber=01636218 http://hdl.handle.net/20.500.11937/9609 |
| Summary: | Decision making is a complex process. It involves dealing with a lot of uncertainty and projecting in mind what the final outcome might be at the end. Based on the projection of the final outcome a decision is taken. Decision making in a peer-to-peer financial interaction is a further complex process as it also involves with considering the possible financial loss to the trusting agent in the interaction. In this paper we ease the decision making process of a trusting agent to decide whether to interact with a trusted agent or not or choose a particular trusted agent to interact with, by proposing an approach that analyzes the Risk that could be present in interacting with it. |
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