Title
Analysing the Relationship between Risk and Trust
Abstract
Among the various human factors impinging upon making a decision in an uncertain environment, risk and trust are surely crucial ones. Several models for trust have been proposed in the literature but few explicitly take risk into account. This paper analyses the relationship between the two concepts by first looking at how a decision is made to enter into a transaction based on the risk information. We then draw a model of the invested fraction of the capital function of a decision surface. We finally define a model of trust composed of a reliability trust as the probability of transaction success and a decision trust derived from the decision surface.
Year
DOI
Venue
2004
10.1007/978-3-540-24747-0_11
Lecture Notes in Computer Science
Keywords
Field
DocType
human factors
Transaction processing,Decision analysis,Optimal decision,Computer science,Decision function,Decision support system,Operations research,Database transaction,Decision boundary
Conference
Volume
ISSN
Citations 
2995
0302-9743
89
PageRank 
References 
Authors
6.28
7
2
Name
Order
Citations
PageRank
Audun Jøsang12612187.35
Stéphane Lo Presti21058.10