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An investigation of genetic algorithms for the optimization of multi-objective fisheries bioeconomic models
Authors:S.J. Mardle  S. Pascoe  M. Tamiz
Affiliation:Centre for the Economics and Management of Aquatic Resources (CEMARE), Department of Economics, University of Portsmouth, UK;Centre for the Economics and Management of Aquatic Resources (CEMARE), Department of Economics, University of Portsmouth, UK;School of Computer Science and Mathematics, University of Portsmouth, UK
Abstract:The use of genetic algorithms (GA) for optimization problems offers an alternative approach to the traditional solution methods. GA follow the concept of solution evolution, by stochastically developing generations of solution populations using a given fitness statistic, for example the achievement function in goal programs. They are particularly applicable to problems which are large, non-linear and possibly discrete in nature, features that traditionally add to the degree of complexity of solution. Owing to the probabilistic development of populations, GA do not distinguish solutions, e.g. local optima from other solutions, and therefore cannot guarantee optimality even though a global optimum may be reached. In this paper, a non-linear goal program of the North Sea demersal fisheries is used to develop a genetic algorithm for optimization. Comparisons between the GA approach and traditional solution methods are made, in order to measure the relative effectiveness. General observations of the use of GA in multi-objective fisheries bioeconomic models, and other similar models, are discussed.
Keywords:Genetic algorithms    Optimization    Goal programming    Fisheries    Bioeconomic modeling
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