This article explores the influence of competitive conditions on the evolutionary fitness of different risk preferences. As a practical example, the professional competition between fund managers is considered. To explore how different settings of competition parameters, the exclusion rate and...

Business tendency survey indicators are widely recognized as a key instrument for business cycle forecasting. Their leading indicator property is assessed with regard to forecasting industrial production in Russia and Germany. For this purpose, vector autoregressive (VAR) models are specified...

The growing demand for electronic devices has made the manufacturing of printed circuit boards (PCBs) a promising industry over the last decades. As the demand for printed circuit boards increases, the industry becomes more dependent on highly automated assembly processes using Surface Mounting...

Bereits seit mehreren Jahrzehnten findet die Optimierung in der akademischen Lehre und Forschung starke Beachtung. Trotz der Breite potenzieller Anwendungsfelder gibt es jedoch einige methodische Schwierigkeiten. Das Hauptproblem besteht darin, die Unsicherheit, d.h. stochastische Prozesse von...

This paper demonstrates two approaches to achieve faster convergence and a better spread of Pareto solutions in fewer numbers of generations, compared to a few existing algorithms, including NSGA-II and SPEA2 to solve multi-objective optimization problems (MOP's). Two algorithms are proposed...

Purpose – Many studies have proposed variant fuzzy time series models for uncertain and vague data. The purpose of this paper is to adapt a fuzzy time series combined with genetic algorithm (GA) to forecast tourist arrivals in Taiwan. Design/methodology/approach – Different cases are studied...