Refining Key Components in Trust Models (TRUST)

Led by Prof. Dr. Sjouke Mauw
Project duration: 01/05/2008 - 01/05/2010
Funding source(s): FNR AFR

Trust is a prediction of reliance on an action, based on what one party knows about another party. The fundamental problem in trust management concerns the establishment of a trust relation in a virtual environment. A trust model attempts to quantify trust by combining relevant information from various sources.
Themain aim of the present project is to investigate two research areas, namely delegation and competence, in the scope of a recently developed trust model. A wide variety of practical applications can be foreseen in domains such as e-banking services, spam filters, personal health records, and online communities. We also intend to establish a new area of research in solving decision problems based on risk and trust.
The insights gained in the course of this research will be put to test by developing case scenarios, in particular a case study on e-banking services. We will investigate the scalability and practical effectiveness of our approach and use our insights to refine the model and its components. The case study is adapted to Luxembourg’s needs in order to maintain its leading role as a financial place.