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Abstract: When investigated carefully, chemical reactions possess efficient objects, states, process, and events that can be designed as a computational method en bloc. In this study, a novel computational method, which is robust and have less parameters than that of used in the literature, is intended to be developed inspiring from types and occurring of chemical reactions. The proposed method is named as artificial chemical reaction optimization algorithm, ACROA. In this study, one of the first applications of this method has been performed in classification rule discovery field of data mining and efficiency has been demonstrated. [Copyright &y& Elsevier]

Abstract: Traditional mean–variance financial portfolio optimization is based on two sets of parameters, estimates for the asset returns and the variance–covariance matrix. The allocations resulting from both traditional methods and heuristics are very dependent on these values. Given the unreliability of these forecasts, the expected risk and return for the portfolios in the efficient frontier often differ from the expected ones. In this work we present a resampling method based on time-stamping to control the problem. The approach, which is compatible with different evolutionary multiobjective algorithms, is tested with four different alternatives. We also introduce new metrics to assess the reliability of forecast efficient frontiers. [Copyright &y& Elsevier]