Hyperheuristics for indirect elicitation of outranking model&amp;rsquo;s parameters in Project Portfolio Optimization

Nelson Rangel-Valdez,Lucila Morales-Rodriguez,Eduardo Fernandez,Laura Cruz-Reyes,Claudia Gomez-Santillan

doi:10.3390/mol2net-04-06123

Abstract

Hyperheuristics for indirect elicitation of outranking model&rsquo;s parameters in Project Portfolio Optimization

Highlights

Multi-Objective Evolutionary Algorithms (MOEAs) are methods which are strongly recommended to approximate the Pareto frontier whenever the characteristics of objective functions and constraints make it difficult for mathematical programming
preference disaggregation method (PDM) have been implemented using evolutionary metaheuristics (Rangel-Valdez et al, 2015; CruzReyes et al, 2017), and they have shown their effectiveness on the parameter elicitation for outranking approaches used in the solution of the Portfolio Selection Problem (PSP) with the methods ELECTRE as preference models
Based on the fact that parameter elicitation has been modeled previously by optimization problems, this work proposes the study of the impact on the parameter elicitation of outranking approaches for PSP due to the implementation of a hyperheuristic that selects adequately the best metaheuristics given the instance of the problem and the state of the search process

Summary

Introduction

Multi-Objective Evolutionary Algorithms (MOEAs) are methods which are strongly recommended to approximate the Pareto frontier whenever the characteristics of objective functions and constraints make it difficult for mathematical programming (cf. Coello, 1999). A preference disaggregation method (PDM) is an indirect elicitation approach that can indirectly infer the values of a predefined set of parameters from a set of examples provided by the DM.

Results

Conclusion