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The development and advancement of technologies have enabled users to complete their tasks efficiently. They have also provided them with various options and alternatives to complete and achieve their tasks. In such an environment, it is imperative for a user to make informed decisions that would ensure that its aims or objectives are achieved and its interaction experience is maximized. In the literature,...
Since its invention, the web has considerably advanced and it now provides its users with sophisticated technologies and processes for facilitating interactions. This has enabled users to complete their tasks by efficient ways and in turn increase their productivity. But in such an environment, it is imperative for a user to make informed decisions in a proactive way by which it can achieve its aims...
In a business interaction, transactional risk highlights the uncertainty associated in not achieving the desired outcomes. The assessment of transactional risk gives the interacting user the different levels of failure in achieving its desired outcomes and the consequences that it can experience. In a business interaction, the consequences that can be experienced pertain to the financial resources...
By analyzing the level of perceived risk in the domain of e-business, the interaction initiating agent can determine before hand whether or not it will achieve its desired outcomes and the associated consequences to it in interacting with the other agent. In our previous work, we have proposed a methodology by which the initiating agent ascertains the numeric level of perceived risk in forming an...
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 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 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...
In almost every interaction the trusting peer might fear about the likelihood of the loss in the resources involved during the transaction. This likelihood of the loss in the resources is termed as risk in the transaction. Hence analyzing the risk involved in a transaction is important to decide whether to proceed with the transaction or not. If a trusting peer is unfamiliar with a trusted peer and...
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