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What is Honesty-Credit

Handbook of Research on Social and Organizational Liabilities in Information Security
Narrow definition for the honesty-credit is the definition composition of honesty and credit, which can be interpreted as honesty and compliance with the commitments. Generalized definition of honesty-credit involves almost all of contents of “honesty” and “credit”, giving a broader and more comprehensive content to honesty-credit from the inner moral virtues to the outer behaviors of the entity.
Published in Chapter:
E-Commerce Security and Honesty-Credit
Guoling Lao (Shanghai University of Finance & Economics, China)
DOI: 10.4018/978-1-60566-132-2.ch005
Abstract
E-commerce mode aggravates information asymmetry so that honesty-credit problems become more serious. This chapter discusses the honesty-credit issue and honesty-credit system construction in e-commerce. It argues that the honesty-credit issue belongs to e-commerce security problems to some extent since it also destroys information integrity, confidentiality, and availability. The study of honesty-credit issue in e-commerce will help to promote social culture development as well as improve e-commerce security. Basing on analysis of three game models, the article suggests the construction of social honesty-credit system mainly include four aspects: cultivate citizens’ sense of honesty-credit, strengthen legislation, build mechanism of third-party authentication and regulate third-party service industry. At the end of the chapter, the case of Shanghai honesty-credit system construction of is introduced to describe China honesty-credit status.
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