Result: An optimization algorithm for the clearing of interbank payments : Heuristic and stochastic methods in optimization

Title:
An optimization algorithm for the clearing of interbank payments : Heuristic and stochastic methods in optimization
Source:
European journal of operational research. 171(3):743-749
Publisher Information:
Amsterdam: Elsevier, 2006.
Publication Year:
2006
Physical Description:
print, 9 ref
Original Material:
INIST-CNRS
Document Type:
Conference Conference Paper
File Description:
text
Language:
English
Author Affiliations:
United Institute of Informatics Problems, National Academy of Sciences of Belarus, Surganov str. 6, 220012 Minsk, Belarus
ISSN:
0377-2217
Rights:
Copyright 2006 INIST-CNRS
CC BY 4.0
Sauf mention contraire ci-dessus, le contenu de cette notice bibliographique peut être utilisé dans le cadre d’une licence CC BY 4.0 Inist-CNRS / Unless otherwise stated above, the content of this bibliographic record may be used under a CC BY 4.0 licence by Inist-CNRS / A menos que se haya señalado antes, el contenido de este registro bibliográfico puede ser utilizado al amparo de una licencia CC BY 4.0 Inist-CNRS
Notes:
Operational research. Management
Accession Number:
edscal.17532955
Database:
PASCAL Archive

Further Information

We consider the clearing of interbank payments under limited amount of money used by banks for the maintenance of the clearing process. We show that the corresponding discrete optimization problem is non-approximable and propose a fast heuristic for solving the problem. The results of computational experiments demonstrate the high quality of solutions.