Study of Intelligent Evolutionary Algorithms For Solving High Dimensional Problems
Study of Intelligent Evolutionary Algorithms For Solving High Dimensional Problems
Methods Used:
1. Feature selection:-
Feature selection can be considered as a multi-objective problem with
conflicting goals. In credit scoring, these goals are: increasing the model
profitability, reducing the data acquisition costs and improving the
interpretability of the model.
2. Multi-Objective Optimization:-
Multi-objective optimization considers optimization problems involving more
than one objective function to be optimized simultaneously. It is useful when
optimal decisions need to be taken in the presence of trade-offs between two
or more conflicting objectives.
Algorithm used:
Multi-Objective Genetic Algorithm:-
Multi-objective genetic algorithm (MOGA) is a direct search method for
multi-objective optimization problems. It is based on the process of the
genetic algorithm; the population-based property of the genetic algorithm
is well applied in MOGAs. Comparing with the traditional multi-objective
algorithm whose aim is to find a single Pareto solution, the MOGA intends
to identify numbers of Pareto solutions.
Formulae used:
Let x be a vector containing p decision variables.