Presentation 2003/7/11
Evaluation of Algorithms for Computation of Risk Limits on Electronic Installment Trade Transactions
CHIHIRO ITO, Mizuho IWAIHARA, Yahiko KAMBAYASHI,
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Abstract(in English) One of the main features of electronic commerce are to make trades with other parties that are physically distributed in different location, which makes it difficult to trust each other. The existing works of electronic trades have proposed the protocols and mechanisms with mediation by Trusted Third Parties (TTP), on the assumotion that the third parties could be trusted without reservation by each party on a trade. Such an assumption, however, is sometimes not applicable to businesses via the Internet where various parties are trading each other, and it is not practical to give infinite trust to the parties regardless of the scale or period of trades. We propose the degree of trust which limits the amount of money or goods that can be sent at one time according to the risk of the parties on trades. This paper refers the algorithms to define the risk limits and evaluates them via simulations.
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Keyword(in English) electronic trade / third party / internet / installment / risk aversion / simulation
Paper # DE2003-87
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Committee DE
Conference Date 2003/7/11(1days)
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Registration To Data Engineering (DE)
Language JPN
Title (in Japanese) (See Japanese page)
Sub Title (in Japanese) (See Japanese page)
Title (in English) Evaluation of Algorithms for Computation of Risk Limits on Electronic Installment Trade Transactions
Sub Title (in English)
Keyword(1) electronic trade
Keyword(2) third party
Keyword(3) internet
Keyword(4) installment
Keyword(5) risk aversion
Keyword(6) simulation
1st Author's Name CHIHIRO ITO
1st Author's Affiliation Department of Social Informatics, Kyoto University()
2nd Author's Name Mizuho IWAIHARA
2nd Author's Affiliation Department of Social Informatics, Kyoto University
3rd Author's Name Yahiko KAMBAYASHI
3rd Author's Affiliation Department of Social Informatics, Kyoto University
Date 2003/7/11
Paper # DE2003-87
Volume (vol) vol.103
Number (no) 192
Page pp.pp.-
#Pages 5
Date of Issue