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Markov Chains || Step-By-Step || ~xRay Pixy

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Learn Markov Chains step-by-step using real-life examples. Video Chapters: Markov Chains 00:00 Introduction 00:19 Topics Covered 01:49 Markov Chains Applications 02:04 Markov Property 03:18 Example 1 03:54 States, State Space, Transition Probabilities 06:17 Transition Matrix 08:17 Example 02 09:17 Example 03 10:26 Example 04 12:25 Example 05 14:16 Example 06 16:49 Example 07 18:11 Example 08 24:56 Conclusion

No Free Lunch Theorem for Optimization |Metaheuristic Optimization Algorithm

No Free Lunch Theorem for Optimization


No Free Lunch Theorem for Optimization
According to No Free Lunch Theorem "There is no universal better algorithm exist that can solve all types of optimization problems".

Today, Metaheuristic Optimization Algorithms are used in different areas to solve complex real work optimization problems. For example in Industrial Areas, Operation Research, Medical Field, Engineering design and other as you can see below: 
History of Metaheuristic Optimization Algorithms:
Genetic Algorithms (G.A.) - 1960's - 1970's
Simulated Annealing (S.A.) - 1983
Tabu Search (T.S.) - 1986
Ant Colony Optimization Algorithm - 1992
Particle Swarm Optimization Algorithm - 1995
Differential Evolution (D.E.) -1997
Harmony Search (H.S.) - 2001
Honey Bee Algorithm (H.B.A.) - 2004
Artificial Bee Colony (A.B.C.) - 2005
...
Battle Royal Optimization Algorithm (B.R.O.A.) - 2020

In 1997, D.H. Wolpher and W. G. Macready published No Free Lunch Theorem for optimization. According to No Free Lunch Theorem "There is no universal better algorithm exist that can solve all types of optimization problems". It is always hard to find a universal better way to solve almost all problems. There is no metaheuristic algorithm is best for solving all optimization problems.


One algorithm alone can't solve all types of optimization problems. There may be another algorithm that can provide better solutions to the problem that are not solved by first algorithm.


Suppose 2 Algorithm's, Algorithm X and Algorithm Y.

If Algorithm X performance is better than Algorithm Y for some objective function / optimization functions. Then Algorithm Y Will outperform Algorithm X for other optimization function/ objective functions.


Other Metaheuristic Approaches: Click Here To Watch Now
Other Metaheuristic Optimization Algorithm Examples

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1. Hunting Search 2. Altruism Algorithm 3. Spiral Dynamic Algorithm (SDA) 4. Strawberry Algorithm 5. Artificial Algae Algorithm (AAA) 6. Bacterial Colony Optimization 7. Differential Search Algorithm (DS 8. Flower pollination algorithm (FPA) 9. Krill Herd 10. Water Cycle Algorithm 11. Black Holes Algorithm 12. Cuttlefish Algorithm 13. Plant Propagation Algorithm 14. Social Spider Optimization (SSO) 15. Spider Monkey Optimization (SMO) algorithm 16. Animal Migration Optimization (AMO) Algorithm 17. Artificial Ecosystem Algorithm (AEA) 18. Grey Wolf Optimizer 19. Seed Based Plant Propagation Algorithm 20. Lion Optimization Algorithm (LOA): A Nature-Inspired 21. Self-propelled Particles 22. Differential Evolution (DE) 23. Bacterial Foraging Optimization 24. Harmony Search (HS) 25. MBO: Marriage in Honey Bees Optimization 26. Artificial Fish School Algorithm 27. Bacteria Chemotaxis (BC) Algorithm 28. Social Cognitive Optimization (SCO) 29. Artificial Bee Colony Algorithm 30. Bees Algorithm 31. Glow-worm Swarm Optimization (GSO) 32. Honey-Bees Mating Optimization (HBMO) Algorithm 33. Invasive Weed Optimization (IWO) 34. Shuffled Frog Leaping Algorithm (SFLA) 35. Central Force Optimization 36. Intelligent Water Drops algorithm, or the IWD algorithm 37. River Formation Dynamics 38. Biogeography-based Optimization (BBO) 39. Roach Infestation Optimization (RIO) 40. Bacterial Evolutionary Algorithm (BEA)

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