Bi-objective decision making in global optimization based on statistical models
Document Type
Article
Publication Date
8-15-2019
Abstract
A global optimization problem is considered where the objective functions are assumed “black box” and “expensive”. An algorithm is theoretically substantiated using a statistical model of objective functions and the theory of rational decision making under uncertainty. The search process is defined as a sequence of bi-objective selections of sites for the computation of the objective function values. It is shown that two well known (the maximum average improvement, and the maximum improvement probability) algorithms are special cases of the proposed general approach.
Identifier
85042173901 (Scopus)
Publication Title
Journal of Global Optimization
External Full Text Location
https://doi.org/10.1007/s10898-018-0622-5
e-ISSN
15732916
ISSN
09255001
First Page
599
Last Page
609
Issue
4
Volume
74
Grant
CMMI-1562466
Fund Ref
National Science Foundation
Recommended Citation
Žilinskas, Antanas and Calvin, James, "Bi-objective decision making in global optimization based on statistical models" (2019). Faculty Publications. 7396.
https://digitalcommons.njit.edu/fac_pubs/7396
