Less Is More Approach in Heuristic Optimization
Nenad Mladenović (),
Zvi Drezner (),
Jack Brimberg () and
Dragan Urošević ()
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Nenad Mladenović: Khalifa University
Zvi Drezner: California State University-Fullerton
Jack Brimberg: Royal Military College of Canada
Dragan Urošević: Mathematical Institute of the Serbian Academy of Sciences and Arts
Chapter Chapter 14 in The Palgrave Handbook of Operations Research, 2022, pp 469-499 from Springer
Abstract:
Abstract Generally speaking, the phrase “Less is more” implies that we use as few resources as possible in doing something while providing the best possible outcome. This approach has been applied successfully in almost all the scientific and art disciplines. The idea has also been recently explored with success in solving hard optimization problems. In this chapter, we first give the main principles of the less is more approach (LIMA) in solving continuous and combinatorial Global Optimization problems, and then explain in more detail some of its successful implementations.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-96935-6_14
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DOI: 10.1007/978-3-030-96935-6_14
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