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One of the main significant and challenging decisions for online retailers is assortment planning (AP). This decision become even more complex while considering demand and supply uncertainties in the AP planning. However, this lead to more efficient results in today's uncertain markets. Online retailers of late have access to massive amounts of internal and external data which they can leverage their...
The credit card industry has been growing rapidly and thus huge numbers of consumers' credit data are collected by the credit department of the banks. The credit scoring managers often evaluate the consumer's credit with intuitive experience. However, with the support of the credit classification models, the managers can accurately evaluate the applicants' credit score. In this study, a neurocomputing-based...
Risk is omnipresent in all the interactions that we carry out. Quantifying and making risk-based assessments and decisions is very important especially in the case of business interactions. However in the existing literature there is no ontological manifestation of risk and its related concepts. In this paper, we propose an ontological manifestation of risk. Subsequently it is extended to derive an...
In an e-commerce business interaction, the risk assessing agent by analyzing the possible level of perceived risk beforehand can make an informed decision of its future course of interaction with an agent. The perceived risk in the context of an e-commerce business interaction is a multidimensional construct which is the combination of its subcategories. In this paper we propose a methodology by which...
In this paper we make use of a case study, involving the use of a product by a given user, to determine the quality of product (QoP). The trustworthiness measurement methodology is made use of to carry out the QoP assessment. The steps involved are discussed and illustrated by the trustworthiness measurement methodology software that we have engineered.
Quality assessment process is a very complex process. At the same time quality assessment is very vital and crucial for many business processes. In this paper we propose and explain trustworthiness measurement methodology, which is a generic method which can be used to determine the quality of service (QoS) of a given service provider and the quality of product (QoP) of a given product.
In this paper we present an overview of the definitions of the terms of trust and reputation from the literature. Trust and reputation have been defined in different ways by the various researchers. As a result of these various definitions of trust and reputation there is a lot of confusion regarding what these terms actually mean. Additionally in the literature there is no work towards collecting...
In this paper we present a state of the art review of PageRankTM based approaches for trust and reputation computation. We divide the approaches that make use of PageRankTM method for trust and reputation computation, into six different classes. Each of the six classes is discussed in this paper.
In a financial e-commerce interaction it is rational for the initiating agent to analyze beforehand the possible risk in interacting with any other agent. Doing so would give the initiating agent an idea of direction in which its interaction might head and also help it to make an informed decision of its future course of action with that particular agent. For risk analysis in the context of e-commerce...
In an e-commerce interaction it is rational for the initiating agent to be apprehensive about the outcome of the interaction and fear for the safety of its resources involved in it. The initiating agent can alleviate this to a certain extent by determining the degree of loss in its resources involved in the interaction. In this paper we propose a methodology by which the initiating agent can ascertain...
In this paper we present a state of the art review of the soft computing based approaches for trust and reputation computation. We divide the soft computing based approaches for trust and reputation computation into five different classes. Each of the five different classes is discussed in this paper.
In this paper we present a state of the art review of PageRanktrade based approaches for trust and reputation computation. We divide the approaches that make use of PageRanktrade method for trust and reputation computation, into six different classes. Each of the six classes is discussed in this paper.
In this paper we present a state of the art review of the Bayesian-network based approaches for trust and reputation computation. We divide the Bayesian network based approaches for trust and reputation computation into four different classes. Each of the four different classes is discussed in this paper.
In a financial digital business ecosystem, the trusting agent by analyzing beforehand the possible risk in interacting with a probable trusted agent can make a better decision of its future course of interaction with it. Another factor that would help the trusting agent in deciding whether to interact or not with a probable trusted agent, is to determine the probability of it not achieving the full...
Due to technological advancement of the Internet, conducting e-commerce transactions have become a part of our daily lives. In a financial interaction to be carried over the digital business ecosystem domain, it is rational for an agent instigating the interaction to analyse beforehand the possible risk in interacting with any other agent. Doing so would give the instigating agent an idea of direction...
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...
An outcome of risk is the possible loss that could incur in an interaction. In a peer-to-peer financial interaction, the possible loss that could incur is usually the financial loss in the resources of the trusting agent that are involved in the interaction. Hence, a consideration for the trusting agent to analyze the risk in interacting with any probable trusted agent in order to decide whether to...
Decision making is a complex process. It involves in 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...
As there is a lack of central management in an e-commerce 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 peer-to-peer architecture interactions is that the trusting peer might have to choose a peer to interact...
One of the characteristic of Risk is the possible loss that could be incurred in an interaction. In a peer-topeer financial interaction the loss incurred is usually the financial loss to the resources of the trusting peer that are involved in the interaction. Hence a way for the trusting peer to analyse the Risk in interacting with any trusted peer in order to decide wether to interact with it or...
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