ICEC '06 Proceedings of the 8th international conference on Electronic commerce: The new e-commerce: innovations for conquering current barriers, obstacles and limitations to conducting successful business on the internet
Concepts inDistrust and trust in B2C e-commerce: do they differ?
Trust (social sciences)
In a social context, trust has several connotations. Definitions of trust typically refer to a situation characterised by the following aspects: One party (trustor) is willing to rely on the actions of another party (trustee); the situation is directed to the future. In addition, the trustor (voluntarily or forcedly) abandons control over the actions performed by the trustee.
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Distrust
Distrust (or mistrust) is a formal way of not trusting any one party too much in a situation of grave risk or deep doubt. It is commonly expressed in civics as a division or balance of powers, or in politics as means of validating treaty terms. Systems based on distrust simply divide the responsibility so that checks and balances can operate. The phrase "Trust, but verify" refers specifically to distrust.
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Electronic commerce
Electronic commerce, commonly known as e-commerce or e-comm, refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks. Electronic commerce draws on such technologies as electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.
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Retail
Retail is the sale of goods and services from individuals or businesses to the end-user. Retailers are part of an integrated system called the supply-chain. A retailer purchases goods or products in large quantities from manufacturers or directly through a wholesaler, and then sells smaller quantities to the consumer for a profit. Retailing can be done in either fixed locations or online. Retailing includes subordinated services, such as delivery.
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Variable (mathematics)
In mathematics, a variable is a value that may change within the scope of a given problem or set of operations. In contrast, a constant is a value that remains unchanged, though often unknown or undetermined. The concepts of constants and variables are fundamental to many areas of mathematics and its applications. A "constant" in this context should not be confused with a mathematical constant which is a specific number independent of the scope of the given problem.
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Discriminant
In algebra, the discriminant of a polynomial is a function of its coefficients which gives information about the nature of its roots. For example, the discriminant of the quadratic polynomial is Here, if ¿ > 0, the polynomial has two real roots, if ¿ = 0, the polynomial has one real root, and if ¿ < 0, the polynomial has no real roots. The discriminant of the cubic polynomial is For higher degrees, the discriminant is always a polynomial function of the coefficients.
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