Db. Fogel, A note on the maximum missed-opportunity cost incurred by minimizing expected losses in genetic algorithms, CYBERN SYST, 30(3), 1999, pp. 205-211
The foundational analysis of genetic algorithms in terms of sampling from s
chemata relies on minimizing expected losses. This criterion does not corre
spond with the problem of finding the single solution to a problem that aff
ords the best quality. Analysis developed here indicates the maximum cost t
hat might be realized by a search strategy that minimizes expected losses w
hen sampling from non-negative random variables.