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Invited paper: A Review of Thresheld Convergence

Author

Listed:
  • Stephen Chen

    (York University)

  • James Montgomery

    (University of Tasmania)

  • Antonio Bolufe-Rohler

    (Universidad de La Habana)

  • Yasser Gonzalez-Fernandez

    (York University)

Abstract

A multi-modal search space can be defined as having multiple attraction basins - each basin has a single local optimum which is reached from all points in that basin when greedy local search is used. Optimization in multi-modal search spaces can then be viewed as a two-phase process. The first phase is exploration in which the most promising attraction basin is identified. The second phase is exploitation in which the best solution (i.e. the local optimum) within the previously identified attraction basin is attained. The goal of thresheld convergence is to improve the performance of search techniques during the first phase of exploration. The effectiveness of thresheld convergence has been demonstrated through applications to existing metaheuristics such as particle swarm optimization and differential evolution, and through the development of novel metaheuristics such as minimum population search and leaders and followers.

Suggested Citation

  • Stephen Chen & James Montgomery & Antonio Bolufe-Rohler & Yasser Gonzalez-Fernandez, 2015. "Invited paper: A Review of Thresheld Convergence," Revista Internacional de Gestión del Conocimiento y la Tecnología (GECONTEC), Revista Internacional de Gestión del Conocimiento y la Tecnología (GECONTEC), vol. 3(1), pages 1-13, May.
    • Handle: RePEc:rge:journl:v:3:y:2015:i:1:p:1-13
    DOI: 10.5281/zenodo.7080765
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    More about this item

    Keywords

    Exploration; Exploitation; Heuristic Algorithms; Optimization; Multi-modality;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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