EURO 2024 Copenhagen
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3607. A Variational Formulation for a Trust and Reputation System

Invited abstract in session WA-40: Equilibrium detection in applications, stream Interfaces Between Optimization, Hierarchical Problems and Equilibrium Detection with Applications.

Wednesday, 8:30-10:00
Room: 96 (building: 306)

Authors (first author is the speaker)

1. Attilio Marcianò
DIIES, Università "Mediterranea" di Reggio Calabria
2. Gabriella Colajanni
Department of Mathematics and Computer Science, University of Catania
3. Patrizia Daniele
Department of Mathematics and Computer Science, University of Catania
4. SOFIA GIUFFRE'
D.I.I.E.S., University of Reggio Calabria

Abstract

Trust and reputation systems play a pivotal role in modern decentralized environments, fostering cooperation and mitigating risks in various online interactions. The aim of our work is to introduce a variational formulation approach to model and analyze trust and reputation systems. By formulating trust and reputation as variational problems, this approach offers a novel perspective on understanding the underlying mechanisms governing trust establishment. The variational formulation provides a mathematical framework to determine the equilibrium weighted trust values, taking into account that each trustee tries to maximize its gain, namely the utility minus the costs. We illustrate the applicability of this variational formulation through a pletora of simulations, demonstrating its effectiveness in modeling trust and reputation systems. Insights gained from this approach offer valuable guidance for the design and implementation of more reliable and efficient trust and reputation mechanism in decentralized environments.

Keywords

Status: accepted


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