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    Real estate market-based optimization algorithm (remark): a market-inspired metaheuristic optimization algorithm based on the law of supply and demand

    , Article Journal of Ambient Intelligence and Humanized Computing ; 2022 ; 18685137 (ISSN) Nobahari, H ; Eqra, N ; Bighashdel, A ; Sharif University of Technology
    Springer Science and Business Media Deutschland GmbH  2022
    Abstract
    In this work, a metaheuristic optimization algorithm is developed based on the idea of interaction between the demanders and the suppliers in the real estate market. After reviewing the basic theory behind the idea, the working principles of the algorithm are developed and explained in details. The proposed framework yields the exploration and exploitation ability of the algorithm and also leads the algorithm to converge to the global maxima. In order to test the performance of the algorithm, 23 well-known benchmark functions of different characteristics are selected from the literature and the results are compared with seven metaheuristic algorithms. The algorithm is also evaluated on two...