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Ascertaining Risk in Financial Terms in Digital Business Ecosystem Environments

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4 Author(s)
Hussain, O.K. ; Curtin Univ. of Technol., Perth ; Chang, E. ; Hussain, F.K. ; Dillon, Tharam S.

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 with it. A possible outcome of Risk is the loss to trusting agent's resources involved in the interaction. In a financial interaction, the possible loss that may be incurred is usually the monetary loss in the resources of the trusting agent that are involved in the interaction. In this paper, we 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.

Published in:

Digital EcoSystems and Technologies Conference, 2007. DEST '07. Inaugural IEEE-IES

Date of Conference:

21-23 Feb. 2007