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Author:Tan, Y.-H.
Thoen, W.
Title:Electronic contract drafting based on risk and trust assessment
Journal:International Journal of Electronic Commerce
2003 : SUMMER, VOL. 7:4, p. 55-71
Index terms:Electronic commerce
Internet
Contracts
Negotiation
Language:eng
Abstract:Contracts protect the parties involved in a commercial transaction, but the negotiating and drafting processes are often so unstructured that the parties cannot be certain that their interests are indeed secured. The authors propose a structured, model driven approach to contracting that each party to a contract can use the personal risk and trust it entails and decide whether it adequately protects their interests. The risk/trust model is based on the authors' earlier research on a generic model of trust for use in developing trust services for e-commerce.
SCIMA record nr: 250882
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