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5. Optimization > Optimizing for Preferences

Optimizing for Preferences

You’ve seen one example of a problem that optimization can be used to solve, but there are many seemingly unrelated problems that can be attacked using the same methods. Remember, the primary requirements for solving with optimization are that the problem has a defined cost function and that similar solutions tend to yield similar results. Not every problem with these properties will be solvable with optimization, but there’s a good chance that optimization will return some interesting results that you hadn’t considered.

This section will consider a different problem, one that clearly lends itself to optimization. The general problem is how to allocate limited resources to people who have expressed preferences and make them all as happy as possible (or, depending on their dispositions, annoy them as little as possible).


  

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