Goal Programming (GP) is perhaps the oldest and most widely used approach within the Multiple Criteria Decision Making (MCDM) paradigm. GP combines the logic of optimisation in mathematical programming with the decision maker's desire to satisfy several goals. The primary purpose of this book is to identify the critical issues in GP and to demonstrate different procedures capable of avoiding or mitigating the inherent pitfalls associated with these issues. The outcome of a search of the literature shows many instances where GP models produced misleading or even erroneous results simply because of a careless formulation of the problem. Rather than being in itself a textbook, Critical Issues in Goal Programming is designed to complement existing textbooks. It will be useful to students and researchers with a basic knowledge of GP as well as to those interested in building GP models which analyse real decision problems.

Control of an impartial balance between risks and returns has become important for investors, and having a combination of financial instruments within a portfolio is an advantage. Portfolio management has thus become very important for reaching a resolution in high-risk investment opportunities and addressing the risk-reward tradeoff by maximizing returns and minimizing risks within a given investment period for a variety of assets. Metaheuristic Approaches to Portfolio Optimization is an essential reference source that examines the proper selection of financial instruments in a financial portfolio management scenario in terms of metaheuristic approaches. It also explores common measures used for the evaluation of risks/returns of portfolios in real-life situations. Featuring research on topics such as closed-end funds, asset allocation, and risk-return paradigm, this book is ideally designed for investors, financial professionals, money managers, accountants, students, professionals, and researchers.

This book discusses the application of metaheuristic algorithms in a number of important optimization problems in civil engineering. Advances in civil engineering technologies require greater accuracy, efficiency and speed in terms of the analysis and design of the corresponding systems. As such, it is not surprising that novel methods have been developed for the optimal design of real-world systems and models with complex configurations and large numbers of elements. This book is intended for scientists, engineers and students wishing to explore the potential of newly developed metaheuristics in practical problems. It presents concepts that are not only applicable to civil engineering problems, but can also used for optimizing problems related to mechanical, electrical, and industrial engineering. It is an essential resource for civil, mechanical and electrical engineers who use optimization methods for design, as well as for students and researchers interested in structural optimization.