Managing trust in business webs using game theory

Hassan Fatemi; Marten J. van Sinderen; Roelf J. Wieringa

doi:10.1109/WAINA.2012.109

Managing trust in business webs using game theory

Hassan Fatemi, Marten J. van Sinderen, Roelf J. Wieringa

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

2 Citations (Scopus)

34 Downloads (Pure)

Abstract

Business webs are collections of enterprises designed to jointly satisfy a consumer need. We design business webs using value models that show the participating stakeholders and the value objects which they are going to exchange during a specific period. Each partner agrees to act according to the value model, however during the business, stakeholders need to be sure if their partners are acting according to the value model or not. In some cases, the best way to find out the answer of that question is to run an inspection because the value exchanges are not observable without cost. Now, the crucial question here is ‿how often a stakeholder needs to run an inspection and how these inspections affect the expected payoffs of the stakeholders?‿. Here in this paper, using game theory concepts and techniques, we aim at finding out answers for these questions.

Original language	Undefined
Title of host publication	26th IEEE International Conference on Advanced Information Networking and Applications Workshops, WAINA 2012
Editors	L. Barolli, T. Enokido, F. Xhafa, M. Takizawa
Place of Publication	USA
Publisher	IEEE Computer Society
Pages	1349-1354
Number of pages	6
ISBN (Print)	978-1-4673-0867-0
DOIs	https://doi.org/10.1109/WAINA.2012.109
Publication status	Published - Mar 2012
Event	26th International Conference on Advanced Information Networking and Applications, AINA 2012 - Fukuoka, Japan Duration: 26 Mar 2012 → 29 Mar 2012 Conference number: 26 http://www.aina-conference.org/2012/

Publication series

Name
Publisher	IEEE Computer Society

Conference

Conference	26th International Conference on Advanced Information Networking and Applications, AINA 2012
Abbreviated title	AINA
Country/Territory	Japan
City	Fukuoka,
Period	26/03/12 → 29/03/12
Internet address	http://www.aina-conference.org/2012/

Keywords

METIS-287867
Game Theory
Business web
IR-80457
SCS-Services
Trust
Enterprise interoperability
EWI-21823
Value model

Access to Document

10.1109/WAINA.2012.109

06185352

Cite this

@inproceedings{26ec27a995c74b50894af73a42ec931d,

title = "Managing trust in business webs using game theory",

abstract = "Business webs are collections of enterprises designed to jointly satisfy a consumer need. We design business webs using value models that show the participating stakeholders and the value objects which they are going to exchange during a specific period. Each partner agrees to act according to the value model, however during the business, stakeholders need to be sure if their partners are acting according to the value model or not. In some cases, the best way to find out the answer of that question is to run an inspection because the value exchanges are not observable without cost. Now, the crucial question here is ‿how often a stakeholder needs to run an inspection and how these inspections affect the expected payoffs of the stakeholders?‿. Here in this paper, using game theory concepts and techniques, we aim at finding out answers for these questions.",

keywords = "METIS-287867, Game Theory, Business web, IR-80457, SCS-Services, Trust, Enterprise interoperability, EWI-21823, Value model",

author = "Hassan Fatemi and {van Sinderen}, {Marten J.} and Wieringa, {Roelf J.}",

note = "10.1109/WAINA.2012.109 ; null ; Conference date: 26-03-2012 Through 29-03-2012",

year = "2012",

month = mar,

doi = "10.1109/WAINA.2012.109",

language = "Undefined",

isbn = "978-1-4673-0867-0",

publisher = "IEEE Computer Society",

pages = "1349--1354",

editor = "L. Barolli and T. Enokido and F. Xhafa and M. Takizawa",

booktitle = "26th IEEE International Conference on Advanced Information Networking and Applications Workshops, WAINA 2012",

address = "United States",

url = "http://www.aina-conference.org/2012/",

}

Fatemi, H, van Sinderen, MJ & Wieringa, RJ 2012, Managing trust in business webs using game theory. in L Barolli, T Enokido, F Xhafa & M Takizawa (eds), 26th IEEE International Conference on Advanced Information Networking and Applications Workshops, WAINA 2012. IEEE Computer Society, USA, pp. 1349-1354, 26th International Conference on Advanced Information Networking and Applications, AINA 2012, Fukuoka, Japan, 26/03/12. https://doi.org/10.1109/WAINA.2012.109

Managing trust in business webs using game theory. / Fatemi, Hassan; van Sinderen, Marten J.; Wieringa, Roelf J.

26th IEEE International Conference on Advanced Information Networking and Applications Workshops, WAINA 2012. ed. / L. Barolli; T. Enokido; F. Xhafa; M. Takizawa. USA : IEEE Computer Society, 2012. p. 1349-1354.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

TY - GEN

T1 - Managing trust in business webs using game theory

AU - Fatemi, Hassan

AU - van Sinderen, Marten J.

AU - Wieringa, Roelf J.

N1 - Conference code: 26

PY - 2012/3

Y1 - 2012/3

N2 - Business webs are collections of enterprises designed to jointly satisfy a consumer need. We design business webs using value models that show the participating stakeholders and the value objects which they are going to exchange during a specific period. Each partner agrees to act according to the value model, however during the business, stakeholders need to be sure if their partners are acting according to the value model or not. In some cases, the best way to find out the answer of that question is to run an inspection because the value exchanges are not observable without cost. Now, the crucial question here is ‿how often a stakeholder needs to run an inspection and how these inspections affect the expected payoffs of the stakeholders?‿. Here in this paper, using game theory concepts and techniques, we aim at finding out answers for these questions.

AB - Business webs are collections of enterprises designed to jointly satisfy a consumer need. We design business webs using value models that show the participating stakeholders and the value objects which they are going to exchange during a specific period. Each partner agrees to act according to the value model, however during the business, stakeholders need to be sure if their partners are acting according to the value model or not. In some cases, the best way to find out the answer of that question is to run an inspection because the value exchanges are not observable without cost. Now, the crucial question here is ‿how often a stakeholder needs to run an inspection and how these inspections affect the expected payoffs of the stakeholders?‿. Here in this paper, using game theory concepts and techniques, we aim at finding out answers for these questions.

KW - METIS-287867

KW - Game Theory

KW - Business web

KW - IR-80457

KW - SCS-Services

KW - Trust

KW - Enterprise interoperability

KW - EWI-21823

KW - Value model

U2 - 10.1109/WAINA.2012.109

DO - 10.1109/WAINA.2012.109

M3 - Conference contribution

SN - 978-1-4673-0867-0

SP - 1349

EP - 1354

BT - 26th IEEE International Conference on Advanced Information Networking and Applications Workshops, WAINA 2012

A2 - Barolli, L.

A2 - Enokido, T.

A2 - Xhafa, F.

A2 - Takizawa, M.

PB - IEEE Computer Society

CY - USA

Y2 - 26 March 2012 through 29 March 2012

ER -