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[Swarm-Modelling] Is there such a thing as approximate optimization?


From: Steve Railsback
Subject: [Swarm-Modelling] Is there such a thing as approximate optimization?
Date: Sun, 05 Nov 2006 16:54:47 -0800
User-agent: Thunderbird 1.5.0.7 (Windows/20060909)

How should I refer to a decision-making approach in which agents make a rough-but-realistic approximation of the outcome of each decision alternative and then select the alternative with the best approximated outcome?

Is there already a term for this approach? Can you call it approximate optimization? Or optimal approximation?

The term "constrained optimization" is often used; is there a precedent for applying it to this approach?

Steve Railsback



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