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Portfolio optimization is a critical area in finance, aiming to maximize returns while minimizing risk. Metaheuristic algorithms were shown to solve complex optimization problems efficiently, with Genetic Algorithms and Particle Swarm…

Portfolio Management · Quantitative Finance 2025-03-21 Hang Kin Poon

The research area of evolutionary multiobjective optimization (EMO) is reaching better understandings of the properties and capabilities of EMO algorithms, and accumulating much evidence of their worth in practical scenarios. An urgent…

Neural and Evolutionary Computing · Computer Science 2009-08-24 David Corne , Joshua Knowles

Portfolio methods represent a simple but efficient type of action abstraction which has shown to improve the performance of search-based agents in a range of strategy games. We first review existing portfolio techniques and propose a new…

Artificial Intelligence · Computer Science 2021-04-22 Alexander Dockhorn , Jorge Hurtado-Grueso , Dominik Jeurissen , Linjie Xu , Diego Perez-Liebana

Decomposition-based multi-objective evolutionary algorithms (MOEAs) are widely used for solving multi-objective optimisation problems. However, their effectiveness depends on the consistency between the problems Pareto front shape and the…

Neural and Evolutionary Computing · Computer Science 2025-02-25 Xiaofeng Han , Xiaochen Chu , Tao Chao , Ming Yang , Miqing Li

Evolutionary multi-objective algorithms have been widely shown to be successful when utilized for a variety of stochastic combinatorial optimization problems. Chance constrained optimization plays an important role in complex real-world…

Neural and Evolutionary Computing · Computer Science 2023-03-06 Kokila Perera , Aneta Neumann , Frank Neumann

The ideal objective vector, which comprises the optimal values of the $m$ objective functions in an $m$-objective optimization problem, is an important concept in evolutionary multi-objective optimization. Accurate estimation of this vector…

Neural and Evolutionary Computing · Computer Science 2025-05-29 Ruihao Zheng , Zhenkun Wang , Yin Wu , Maoguo Gong

A new framework for portfolio diversification is introduced which goes beyond the classical mean-variance approach and portfolio allocation strategies such as risk parity. It is based on a novel concept called portfolio dimensionality that…

Portfolio Management · Quantitative Finance 2019-09-23 Mathias Barkhagen , Brian Fleming , Sergio Garcia Quiles , Jacek Gondzio , Joerg Kalcsics , Jens Kroeske , Sotirios Sabanis , Arne Staal

Finding the most influential nodes in a network is a computationally hard problem with several possible applications in various kinds of network-based problems. While several methods have been proposed for tackling the influence…

Social and Information Networks · Computer Science 2022-08-17 Elia Cunegatti , Giovanni Iacca , Doina Bucur

In this paper, we document a novel machine learning based bottom-up approach for static and dynamic portfolio optimization on, potentially, a large number of assets. The methodology applies to general constrained optimization problems and…

Mathematical Finance · Quantitative Finance 2020-11-24 Qing Yang , Zhenning Hong , Ruyan Tian , Tingting Ye , Liangliang Zhang

Stochastic, iterative search methods such as Evolutionary Algorithms (EAs) are proven to be efficient optimizers. However, they require evaluation of the candidate solutions which may be prohibitively expensive in many real world…

Neural and Evolutionary Computing · Computer Science 2013-03-12 Maumita Bhattacharya

Multi-objective reinforcement learning (MORL) addresses the challenge of simultaneously optimizing multiple, often conflicting, rewards, moving beyond the single-reward focus of conventional reinforcement learning (RL). This approach is…

Neural and Evolutionary Computing · Computer Science 2025-05-21 Carlos Hernández , Roberto Santana

Portfolio optimization is a critical task in investment. Most existing portfolio optimization methods require information on the distribution of returns of the assets that make up the portfolio. However, such distribution information is…

Econometrics · Economics 2025-10-09 Masahiro Kato , Kentaro Baba , Hibiki Kaibuchi , Ryo Inokuchi

Portfolio optimization emerged with the seminal paper of Markowitz (1952). The original mean-variance framework is appealing because it is very efficient from a computational point of view. However, it also has one well-established failing…

Portfolio Management · Quantitative Finance 2019-09-24 Sarah Perrin , Thierry Roncalli

Chance constrained optimization problems allow to model problems where constraints involving stochastic components should only be violated with a small probability. Evolutionary algorithms have been applied to this scenario and shown to…

Neural and Evolutionary Computing · Computer Science 2024-08-23 Frank Neumann , Carsten Witt

This paper intends to understand and to improve the working principle of decomposition-based multi-objective evolutionary algorithms. We review the design of the well-established Moea/d framework to support the smooth integration of…

Neural and Evolutionary Computing · Computer Science 2020-04-16 Geoffrey Pruvost , Bilel Derbel , Arnaud Liefooghe , Ke Li , Qingfu Zhang

Dynamic multi-objective optimization problems (DMOPs) remain a challenge to be settled, because of conflicting objective functions change over time. In recent years, transfer learning has been proven to be a kind of effective approach in…

Neural and Evolutionary Computing · Computer Science 2019-10-23 Zhenzhong Wang , Min Jiang , Xing Gao , Liang Feng , Weizhen Hu , Kay Chen Tan

This paper presents the Multi-Objective Ant Nesting Algorithm (MOANA), a novel extension of the Ant Nesting Algorithm (ANA), specifically designed to address multi-objective optimization problems (MOPs). MOANA incorporates adaptive…

Neural and Evolutionary Computing · Computer Science 2024-11-26 Noor A. Rashed , Yossra H. Ali Tarik A. Rashid , Seyedali Mirjalili

In model-based evolutionary algorithms (EAs), the underlying search distribution is adapted to the problem at hand, for example based on dependencies between decision variables. Hill-valley clustering is an adaptive niching method in which…

Neural and Evolutionary Computing · Computer Science 2020-10-29 S. C. Maree , T. Alderliesten , P. A. N. Bosman

We study the multi-objective minimum weight base problem, an abstraction of classical NP-hard combinatorial problems such as the multi-objective minimum spanning tree problem. We prove some important properties of the convex hull of the…

Artificial Intelligence · Computer Science 2023-06-07 Anh Viet Do , Aneta Neumann , Frank Neumann , Andrew M. Sutton

Our work focuses on deep learning (DL) portfolio optimization, tackling challenges in long-only, multi-asset strategies across market cycles. We propose training models with limited regime data using pre-training techniques and leveraging…

Portfolio Management · Quantitative Finance 2026-01-14 Brandon Luo , Jim Skufca