Multi-objective optimization via visualization
Nicolas Wesner
Economics Bulletin, 2017, vol. 37, issue 2, 1226-1233
Abstract:
This paper presents a very simple and intuitive multi-objective optimization method that makes use of interactive visualization techniques. Multiple views of the potential solutions on scatterplots allow the user to directly search acceptable solutions in biobjective spaces whereas a Venn diagram displays information about the relative scarcity of potential acceptable solutions under distinct criteria. No heuristic search algorithm is used but as an option novelty and diversity in the search space can be created at the user demand. An application to a multi-criteria strategic asset allocation optimization problem is presented.
Keywords: Multi-objective optimization; interactive visualization; strategic asset allocation (search for similar items in EconPapers)
JEL-codes: C6 C8 (search for similar items in EconPapers)
Date: 2017-06-05
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-17-00161
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