As there is a lack of central management in an ecommerce interaction carried out based on peer-to-peer architecture, it is obvious for the trusting peer to analyze the Risk beforehand that could be involved in dealing with a trusted peer in these types of interactions. Another characteristic of...

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...

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...

Decision making is a tough process. It involves dealing with a lot of uncertainty and projecting what the final outcome might be. Depending on the projection of the uncertain outcome, a decision has to be made. In a peer-to-peer financial interaction the trusting agent, in order to analyse the...

The growing development of web-based reputation systems in the 21st century will have a powerful social and economic impact on both business entities and individual customers, because it makes transparent quality assessment on products and services to achieve customer assurance in the...

Trust between communicating peers is increasingly catching the attention of the research community. Several methods have been proposed to assist the task of establishing trust between communicating peers; all of which make use of reputation mechanisms. We find that in present literature,...

Trust has played a central role in human relationships and hence has been the subject of study in many fields including business, law, social science, philosophy and psychology. It has played a pivotal role in forming contracts, carrying out business, assisting people work together...