This paper presents and compares three heuristics for the combinatorial auctionproblem. Besides a simple greedy (SG) mechanism, two metaheuristics, a simulatedannealing (SA), and a genetic algorithm (GA) approach are developedwhich use the combinatorial auction process to an allocation with...

This paper investigates GA approaches for solving the reliable communicationnetwork design problem. For solving this problem a graph withminimum cost must be found that satises a given network reliabilityconstraint. To consider the additional reliability constraint dierent approachesare...

The algorithm for optimization of a credit portfolio has not been fully demonstrated. This paper fills the gap in the literature by presenting a general approach for optimizing a credit portfolio by minimizing the default risk of the entire portfolio. Default risk is measured with quadratic...