This book presents the state-of-the-art, current challenges, and future perspectives for the field of many-criteria optimization and decision analysis. The field recognizes that real-life problems often involve trying to balance a multiplicity of considerations simultaneously ¿ such as performance, cost, risk, sustainability, and quality. The field develops theory, methods and tools that can support decision makers in finding appropriate solutions when faced with many (typically more than three) such criteria at the same time.The book consists of two parts: key research topics, and emerging topics. Part I begins with a general introduction to many-criteria optimization, perspectives from research leaders in real-world problems, and a contemporary survey of the attributes of problems of this kind. This part continues with chapters on fundamental aspects of many-criteria optimization, namely on order relations, quality measures, benchmarking, visualization, and theoretical considerations. Part II offers more specialized chapters on correlated objectives, heterogeneous objectives, Bayesian optimization, and game theory.Written by leading experts across the field of many-criteria optimization, this book will be an essential resource for researchers in the fields of evolutionary computing, operations research, multiobjective optimization, and decision science.

Authored by leading experts in the field

Chapter 1: Introduction to Many-Criteria Optimization and Decision Analysis.- Chapter 2: Key Issues in Real-World Applications of Many-Objective Optimisation and Decision Analysis.- Chapter 3: Identifying Properties of Real-World Optimisation Problems through a Questionnaire.- Chapter 4: Many-Criteria Dominance Relations.- Chapter 5: Many-Objective Quality Measures.- Chapter 6: Benchmarking.- Chapter 7: Visualisation for decision support in many-objective optimisation: state-of-the-art, guidance and future directions.- Chapter 8: Theoretical Aspects of Subset Selection in Multi-Objective Optimisation.- Chapter 9: Identifying Correlations in Understanding and Solving Multi-Objective Problems.- Chapter 10: Bayesian Optimization.- Chapter 11: A game theoretic perspective on Bayesian many-objective optimization.- Chapter 12: Heterogeneous Objectives: State-of-the-Art and Future Research.- Chapter 13: MACODA Ontology and Knowledge Management.