Anonymity-protection techniques are crucial for various commercial and financial transactions, where participants are worried about their privacy. On the other hand, authentication methods are also crucial for such interactions. Secret handshake is a relatively recent mechanism that facilitates privacy-preserving mutual authentication between communicating peers. In recent years, researchers ha...

This chapter introduces a new micro-payment scheme that is able to apply to multi-party for mobile commerce, which allows a mobile user to pay every party involved in providing services. The micro-payment, which refers to low-value financial transactions ranging from several cents to a few dollars, is an important technique in mcommerce. Our scheme is based on the hash function and without any ...

An interoperable credential system allows users to reference a single asymmetric key pair to logon tomultiple web sites and digitally sign transactions. Models that govern how keys are created, authorized, validated, and revoked are a crucial part of such a system. Thesemodels have security, scalability, and liability implications for businesses, so the requirements vary depending on the partie...

The Service Oriented Architecture (SOA) has become a pattern for managing business transactions through distributed services, usually supported by third-party providers. In the SOA world, Service Level Agreements (SLA) are used to establish the requirements between customers and providers. Among the clauses agreed in SLA are those related with databases execution time, which have direct relatio...

Web Services Orchestration and Choreography I n a recent Computer Sciences Corporation survey , 1 senior information technology executives ranked " connecting to customers, suppliers, or partners electronically " as the top global IT management issue. Web services offer standards based mechanisms for addressing this issue. However, existing methods for creating business processes are not design...

Trust and reputation systems represent a significant trend in decision support for Internet mediated service provision. The basic idea is to let parties rate each other, for example after the completion of a transaction, and use the aggregated ratings about a given party to derive a trust or reputation score, which can assist other parties in deciding whether or not to transact with that party ...

Effective trading mechanism can promote the commercialization of creative ideas and realization value. Under assumption bounded rationality in transactions, this paper constructs an evolutionary game model between producers consumers, analyzes influencing factors, strategy selection, equilibrium conditions transactions. The study found that case only market mechanism, it is difficult for transa...

This research aimed to understand the important powers that affect Related Party Transactions (RPTs) decisions. It used agency theory perspective examine effect of corporate mechanism, comprising variables controlling ownership, CEOs characteristics, and independent board directors, on decision RPTs regarding potential conflicts interest.
 A total 310 financial reports Turkish manufacturin...

Profit shifting by multinational enterprises—through manipulation of transfer prices related-party trade, intragroup lending, or the location intangibles—affects international flows, raising question its impact on current account and external balances. This paper approaches this theoretically empirically. In theory, profit distorts components bilateral balances but leaves a country’s aggregate ...

We provide evidence that long-term relationships between trading parties emerge endogenously in the absence of third party enforcement of contracts and are associated with a fundamental change in the nature of market interactions. Without third party enforcement, the vast majority of trades are initiated with private offers and the parties share the gains from trade equally. Low effort or bad q...