CORDIS · 622868 · FP7

BayInno Bayesian Truth Serum and its applications to conjoint analysis: a reliable way to assess user preferences for new products, services and policies

Coordinator: EKONOMSKI INSTITUT ZAGREB (HR)

Many areas of economics use subjective data. In use of subjective data the crucial question is how much confidence one can have in truthfulness of respondents' answers. Resolving this problem would improve reliability of current uses of subjective data and also open up new possibilities of use. One solution to this problem is presented by Bayesian Truth serum (BTS). BTS is a game-theoretic scoring system that takes as inputs respondents’ answers to questions, as well as their probabilistic predictions about the distribution of answers in the sample. It induces truthful answers from a sample o…

EU contribution
€336k
Total cost
€336k
Period
2015-04-01 → 2018-03-31
Framework
Seventh Framework Programme (2007–2013)
Funding scheme
MC-IOF
Status
CLOSED

About Seventh Framework Programme (2007–2013)

The Seventh Framework Programme (FP7) ran from 2007 to 2013 and was the EU's main research-funding instrument of that period. It mobilised roughly €50 billion across cooperation projects, ERC frontier grants, Marie Curie fellowships, capacity-building actions and Euratom research. FP7 closed to new calls in 2013 but its projects continued for years after under their original grant agreements.

EU contribution: €336k awarded to the consortium. The project runs over approximately 3 years from 2015-04-01 to 2018-03-31.

Full record on CORDIS — partners, deliverables, publications, news.

Open on cordis.europa.eu →

Frequently asked questions

Who funds this research project?
This project is funded by the European Union through the Seventh Framework Programme (2007–2013) programme, under the MC-IOF funding scheme.
What is the EU contribution?
The European Commission contributes €336k toward a total project budget of €336k.
Which EU programme funds it?
The project is funded under Seventh Framework Programme (2007–2013).
Who coordinates the project?
The project is coordinated by EKONOMSKI INSTITUT ZAGREB (HR).
What is the project timeline?
The project runs from 2015-04-01 to 2018-03-31 — approximately 3 years.
Where can I find the full project record?
The complete record — partners, deliverables, publications and news — is published on CORDIS under project ID 622868.