We introduce two subclasses of convex measures of risk, referred to as entropy coherent and entropy convex measures of risk. We prove that convex, entropy convex and entropy coherent measures of risk emerge as certainty equivalents under variational, homothetic and multiple priors preferences,...

Agent-based microsimulation models for land use or transportation simulate the behavior of agents over time, although at different time scales and with different goals. For both kinds of models, the initial step is the definition of agents and their relationships. Synthesizing the population of...

Multiobjective memetic optimization algorithms (MMOAs) are recently applied to solve nonlinear optimization problems with conflicting objectives. An important issue in an MMOA is how to identify the relative best solutions to guide its adaptive processes. In this paper, the authors introduce a...