Integrity and Security in the E-Century

Abstract

E-commerce poses a myriad of regulatory issues. Understanding the technical, taxation and institutional issues posed by E-commerce that impact on the ability to provide such services aids in comprehending the vast integrity and security issues surrounding this innovation. The effect of this technological innovation is examined in the light of theories of regulation that postulate a struggle process between attempts to control innovation and further innovation and regulation. To understand how regulation of E-commerce may be counterproductive a case study of the evolution of regulation of derivatives is used to test a hypothesis concerning social and avoidance costs. A comparative case study of regulation of derivatives is used to test a hypothesis concerning social and avoidance costs. A comparative case study of regulation of derivatives is used to test a hypothesis concerning social and avoidance costs. A comparative case study of regulation of E-commerce is then examined to suggest a policy approach of a private sector solution within a public Policy matrix similar to private deposit insurance.

Keywords: e-commerce, regulation, innovation