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,...

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...