Genetic Algorithms
Multi-objective Optimal Public Investment: An Extended Model and Genetic Algorithm-Based Case Study
ICANNGA '07 Proceedings of the 8th international conference on Adaptive and Natural Computing Algorithms, Part I
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An optimal public investment model with two objective functions considering efficiency & equity and several constraints such as taxes and capital transfer loss are established by dividing public & private sectors and relaxing several original hypotheses respectively. And the objective functions and constraints are handled to adapt the model into the double-objective multi-constraint programming model suitable for genetic algorithm-based solution. Then encoding and decoding approaches are designed. Finally a case study is carried out to validate the proposed model and the GA-based solution.