Acceptance of feedbacks in reputation systems: the role of online social interactions

In an online environment, the aim of reputation systems is to let parties rate each other and to help consumers in deciding whether to transact with a given party. In current reputation systems for e-commerce, users have to trust unreliable information sources and anonymous people. As a result, users are not only hesitant to trust online seller but also to reputation systems. Therefore, there is a need to improve current reputation systems by allowing users to make buying decision based on reliable source of information. This paper proposes a new approach of sharing knowledge and experience in reputation systems by utilizing social interactions. This study examines the potentials of integrating social relations information in reputation systems by proposing a model of acceptance of feedbacks in reputation systems

Shrewd Bargaining on the Moral Frontier: Toward a Theory of Morality in Pratice

From a traditional moral point of view, business practitioners often seem overly concerned about the behavior of their peers in deciding how they ought to act. We propose to account for this concern by introducing a mutual trust perspective, where moral obligations are grounded in a sense of trust that others will abide by the same rules. When grounds for trust are absent, the obligation is weakened. We illustrate this perspective by examining the widespread ambivalence with regard to deception about one's settlement preferences in negotiation. On an abstract level, such deception generally seems undesirable, though in many individual cases it is condoned, even admired as shrewd bargaining. Because of the difficulty in verifying someone's settlement preferences, it is hard to establish a basis for trusting the revelations of the other party, especially in competitive negotiations with relative strangers.Bargaining; Private Information; Business Ethics; Negotiations

Do corporations have a duty to be trustworthy?

Since the global financial crisis in 2008, corporations have faced a crisis of trust, with growing sentiment against ‘elites and ‘big business’ and a feeling that ‘something ought to be done’ to re-establish public regard for corporations. Trust and trustworthiness are deeply moral significant. They provide the ‘glue or lubricant’ that begets reciprocity, decreases risk, secures dignity and respect, and safeguards against the subordination of the powerless to the powerful. However, in deciding how to restore trust, it is difficult to determine precisely what should be done, by whom, and who will bear the cost, especially if any action involves a risk to overall market efficiency and corporate profitability. The paper explores whether corporations have a moral duty to be trustworthy, to bear the cost of being so and thus contribute to resolving the current crisis of trust. It also considers where the state and other social actors have strong reason to protect and enforce such moral rights, while acknowledging that other actors have similar obligations to be trustworthy. It outlines five ‘salient factors’ that trigger specific rights to trustworthiness and a concomitant duty on corporations to be trustworthy: market power, subordination (threat and intimidation), the absence of choice, the need to preserve systemic trust, and corporate political power which might undermine a state’s legitimacy. Absent these factors and corporations do not have a general duty to be trustworthy, since a responsible actor in fair market conditions should be able to choose between the costs and benefits of dealing with generally trustworthy corporations

The Influence Of Cultural Diversity On Initial Decisions To Trust In Newly Forming Teams: A Policy Capturing Approach

This study investigated the impact of diversity on the decision to trust at team formation when no history or prior relationship exists. The study consisted of two phases: 1) a selection phase and 2) a policy capturing phase. The first phase consisted of demographics, propensity to trust, and prejudice scales that were used to select participants for phase 2. The second phase consisted of a full factorial design, policy capturing study which consisted of 64 scenarios which varied the level (i.e., high and low) of 6 variables: cultural diversity, attribution, perceptions of risk, trustworthiness, third party information, and role clarity. The policy capturing study was used to identify the weights given to these variables when deciding whether or not to trust a new team member. Propensity to trust scores and prejudice ratings were used as moderators of the relationships between these 6 variables and the decision to trust. Findings showed that there was a strong moderating affect of the diversity of the simulated team member on the participant\u27s decision to trust. However, there was no direct relationship between diversity and the decision to trust. The weight given to each variable, as well as the interaction of variables, was different based on the diversity of the new team member. Findings suggest that when forming teams, the diversity of new team members will impact what factors individuals consider in deciding to trust that other person. In addition to future research needs, the impact of these results is discussed in terms of both training and selection in teams

Bayesian fusion algorithm for inferring trust in wireless sensor networks

This paper introduces a new Bayesian fusion algorithm to combine more than one trust component (data trust and communication trust) to infer the overall trust between nodes. This research work proposes that one trust component is not enough when deciding on whether or not to trust a specific node in a wireless sensor network. This paper discusses and analyses the results from the communication trust component (binary) and the data trust component (continuous) and proves that either component by itself, can mislead the network and eventually cause a total breakdown of the network. As a result of this, new algorithms are needed to combine more than one trust component to infer the overall trust. The proposed algorithm is simple and generic as it allows trust components to be added and deleted easily. Simulation results demonstrate that a node is highly trustworthy provided that both trust components simultaneously confirm its trustworthiness and conversely, a node is highly untrustworthy if its untrustworthiness is asserted by both components. © 2010 ACADEMY PUBLISHER

Selected issues on the law of trust: a comparative study of judicial attitudes in Malaysia and United Kingdom / Sarah Rosley … [et al.]

This research paper outline on the judicial application of the trust mechanism in avoiding the doctrine of privity. It first identifies the issue and the situation in Malaysia and United Kingdom with reference to relevant cases. It also includes the approaches taken by the court in Malaysia and United Kingdom in deciding the cases related to doctrine of privity by using the trust mechanism. This research paper also outline on the differences based on legislation between the charitable trust in Malaysia and United Kingdom. It also includes the differences in Malaysia and United Kingdom on the doctrine of cy-pres as well as the taxation of trust. For this research paper, appropriate recommendation for charitable trust and doctrine of privity in Malaysia has been proposed and the overall conclusion are provided in Chapter 5 in the paper

What are children's trusts? Early findings from a national survey

<i>Background:</i> The Children Act 2004 and National Service Framework for Children, Young People and Maternity Services require fuller integration of health, education and social services for children and young people in England and Wales. The UK government supported the establishment of 35 experimental children's trust pathfinders (henceforth called children's trusts) in England. <i>Methods:</i> A questionnaire was completed by managers in all 35 children's trusts a year after their start. Children's trust documents were examined. Census and performance indicators were compared between children's trust areas and the rest of England. <i>Results</i> Children's trust areas had demographic and social characteristics typical of England. All children's trusts aimed to improve health, education and social services by greater managerial and service integration. All had boards representing the three sectors; other agencies’ representation varied. Two-thirds of children's trusts had moved towards pooling budgets in at least some service areas. At this stage in their development, some had prioritized joint procurement or provision of services, with formal managerial structures, while others favoured an informal strategic planning, co-ordination and information sharing approach. The commonest priorities for services development were for disabled children (16 children's trusts), followed by early intervention (11) and mental health services (8). <i>Conclusions:</i> The diverse strategies adopted by these 35 children's trusts during their first year is due to their own characteristics and to the way government strategy developed during this period. Whilst some prioritized organizational development, joint financing and commissioning, and information sharing, others laid more emphasis on mechanisms for bringing front-line professionals closer together. Their experiences are of value to others deciding how best to integrate children's services

The Relationships of Trust, Risk-taking propensity and Travel Intention of Indonesian Tourists

Traveling is an interesting activity to do to escape from daily routine activities and work. This activity also involves some risk. Before deciding to travel, generally tourists have trust on the destination, so that they can decide whether to take the risk with its consequences or not. This study is to investigate the relation among trust, risk-taking propensity and tourists� travel intention. Online questionnaires using google forms were distributed to 243 respondents traveling during pandemic Covid 19 and the new normal condition. Then, multivariate analysis was employed for data analysis with the help of SPSS and Partial Least Square (PLS). The results shows that trust has significant impact on risk-taking propensity; and risk-taking propensity has also significant impact on travel intention. Nevertheless, trust has insignificant impact on travel intention. Therefore, travel agents and tourist providers need to accommodate tourists with detailed information and activities to engage in the destination so that it enhances tourists to travel

The Effect of Convenience and Security on Users’ Trust and Satisfactionof E-commerce in Indonesia (Study on Customers of TOKOPEDIA in Jabodetabek Region)

Nowadays, online transaction is a common economic activity. The vulnerability of e-commerce system is one of the users’ consideration for deciding whether or not they use the service. The aim of this research was to analyzethe influence of convenience and security on users’ trust and satisfaction of e-commerce in Indonesia. Research data were obtained by studying the customers of tokopedia in Jabodetabek (Jakarta, Bogor, Depok, Tangerang, Bekasi) region by using questionnaire as research instrument. The design of this research was explanatory research and the data analysis was Structural Equation Modelling (SEM). The result showed that convenience of using e-commerce had non-significant effect on the trust of using e-commerce. The variable of security had significant positive effect on the trust of using e-commerce.Meanwhile, the convenience of using e-commerce had significant effect on user satisfaction. The security of e-commerce transaction had non-significant effect on user satisfaction. Finally, the trust of using e-commerce had significant effect on user satisfaction. Keywords: E-commerce, Convenience and security, User trust, Satisfactio

The Influence of Environmental Concern, Green Perceived Knowledge, and Green Trust on Green Purchase Intention

Global warming and environmental damage are some of the important current issues, which lead to the implementation of environmentally-friendly style of living. This study aims to identify the influence of environmental concern, green perceived knowledge, and green trust on green purchase intention. The population of this research was people who live in Jabodetabek. This study used online questionnaire and got responses from 300 respondents. The data were analyzed using SPSS version 22. The independent variables were environmental concern, green perceived knowledge, and green trust. The dependent variable was green purchase intention. This study concludes that there were positive and significant influences of environmental concern, green perceived knowledge and green trust on green purchase intention. The result of this study may be useful for the government to provide information on environmentally-friendly products, and also to provide recommendation for marketers in deciding on what products to produce