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What is Pareto-Optimality

Chapter 31
Handbook of Research on Nature-Inspired Computing for Economics and Management
The concept of the family of optimized solutions for a multi-objective problem proposed by Vilfredo Pareto (1848-1923 AU17: The in-text citation "Vilfredo Pareto (1848-1923" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. ).
Published in Chapter:
How Genetic Algorithms Handle Pareto-Optimality in Design and Manufacturing
N. Chakraborti (Indian Institute of Technology, India)
Copyright: © 2007 |Pages: 18
DOI: 10.4018/978-1-59140-984-7.ch031
Abstract
An informal analysis is provided for the basic concepts associated with multi-objective optimization and the notion of Pareto-optimality, particularly in the context of genetic algorithms. A number of evolutionary algorithms developed for this purpose are also briefly introduced, and finally, a number of paradigm examples are presented from the materials and manufacturing sectors, where multi-objective genetic algorithms have been successfully utilized in the recent past.
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