{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,6,17]],"date-time":"2026-06-17T19:21:03Z","timestamp":1781724063557,"version":"3.54.5"},"reference-count":27,"publisher":"Elsevier BV","issue":"3","license":[{"start":{"date-parts":[[2003,11,1]],"date-time":"2003-11-01T00:00:00Z","timestamp":1067644800000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.elsevier.com\/tdm\/userlicense\/1.0\/"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["European Journal of Operational Research"],"published-print":{"date-parts":[[2003,11]]},"DOI":"10.1016\/s0377-2217(02)00784-1","type":"journal-article","created":{"date-parts":[[2003,1,30]],"date-time":"2003-01-30T20:45:15Z","timestamp":1043959515000},"page":"546-571","source":"Crossref","is-referenced-by-count":255,"title":["Simulated annealing for complex portfolio selection problems"],"prefix":"10.1016","volume":"150","author":[{"given":"Y.","family":"Crama","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"M.","family":"Schyns","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"78","reference":[{"key":"10.1016\/S0377-2217(02)00784-1_BIB1","series-title":"Local Search in Combinatorial Optimization","author":"Aarts","year":"1997"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB2","doi-asserted-by":"crossref","first-page":"121","DOI":"10.1007\/BF02592208","article-title":"Computational study of a family of mixed-integer quadratic programming problems","volume":"74","author":"Bienstock","year":"1996","journal-title":"Mathematical Programming"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB3","unstructured":"F. Catanas, On a neighbourhood structure for portfolio selection problems, Working paper, Centre for Quantitative Finance, Imperial College, London, 1998"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB4","doi-asserted-by":"crossref","first-page":"41","DOI":"10.1007\/BF00940812","article-title":"Thermodynamical approach to the travelling salesman problem: An efficient simulation algorithm","volume":"45","author":"\u010cern\u00fd","year":"1985","journal-title":"Journal of Optimization Theory and Applications"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB5","doi-asserted-by":"crossref","first-page":"1271","DOI":"10.1016\/S0305-0548(99)00074-X","article-title":"Heuristics for cardinality constrained portfolio optimisation","volume":"27","author":"Chang","year":"2000","journal-title":"Computers and Operations Research"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB6","unstructured":"Computational Science Education Project, Mathematical Optimization, Electronic book at http:\/\/csep1.phy.ornl.gov\/mo\/mo.html, 1995"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB7","series-title":"Finance","first-page":"1","article-title":"Portfolio theory","author":"Constantinides","year":"1995"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB8","series-title":"Financial Optimization","first-page":"3","article-title":"Some financial optimization models: I. Risk management","author":"Dahl","year":"1996"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB9","doi-asserted-by":"crossref","first-page":"367","DOI":"10.1007\/BF01594945","article-title":"Global optimization and simulated annealing","volume":"50","author":"Dekkers","year":"1991","journal-title":"Mathematical Programming"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB10","doi-asserted-by":"crossref","first-page":"353","DOI":"10.1287\/opre.37.3.353","article-title":"Large-scale nonlinear network models and their application","volume":"37","author":"Dembo","year":"1989","journal-title":"Operations Research"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB11","series-title":"Modern Portfolio Theory and Investment Analysis","author":"Elton","year":"1991"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB12","unstructured":"F. Hamza, J. Janssen, Extension r\u00e9aliste pour la s\u00e9lection de portefeuilles en pr\u00e9sence des co\u00fbts de transaction, Working paper, Universit\u00e9 Libre de Bruxelles, 1997"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB13","doi-asserted-by":"crossref","first-page":"865","DOI":"10.1287\/opre.37.6.865","article-title":"Optimization by simulated annealing: An experimental evaluation. Part I, Graph partitioning","volume":"37","author":"Johnson","year":"1989","journal-title":"Operations Research"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB14","doi-asserted-by":"crossref","first-page":"671","DOI":"10.1126\/science.220.4598.671","article-title":"Optimization by simulated annealing","volume":"220","author":"Kirkpatrick","year":"1983","journal-title":"Science"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB15","doi-asserted-by":"crossref","first-page":"519","DOI":"10.1287\/mnsc.37.5.519","article-title":"Mean-absolute deviation portfolio optimization model and its applications to Tokyo stock market","volume":"37","author":"Konno","year":"1991","journal-title":"Management Science"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB16","series-title":"Portfolio and Investment Selection: Theory and Practice","author":"Levy","year":"1984"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB17","series-title":"Proceedings of the International Conference on Artificial Neural Networks and Genetic Algorithms ICANNGA95","first-page":"384","article-title":"Distributed genetic algorithms with an application to portfolio selection problems","author":"Loraschi","year":"1995"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB18","doi-asserted-by":"crossref","first-page":"359","DOI":"10.1002\/rsa.3240040402","article-title":"Random walks in a convex body and an improved volume algorithm","volume":"4","author":"Lov\u00e1sz","year":"1993","journal-title":"Random Structures and Algorithms"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB19","series-title":"Investment Science","author":"Luenbeger","year":"1998"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB20","doi-asserted-by":"crossref","first-page":"77","DOI":"10.2307\/2975974","article-title":"Portfolio selection","volume":"7","author":"Markowitz","year":"1952","journal-title":"Journal of Finance"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB21","doi-asserted-by":"crossref","first-page":"513","DOI":"10.1007\/BF02125421","article-title":"Metaheuristics: A bibliography","volume":"63","author":"Osman","year":"1996","journal-title":"Annals of Operations Research"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB22","doi-asserted-by":"crossref","first-page":"1143","DOI":"10.1287\/mnsc.30.10.1143","article-title":"Large-scale portfolio optimization","volume":"30","author":"Perold","year":"1984","journal-title":"Management Science"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB23","first-page":"7","article-title":"General local search heuristics in combinatorial optimization: A tutorial","volume":"32","author":"Pirlot","year":"1992","journal-title":"Belgian Journal of Operations Research, Statistics and Computer Science"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB24","doi-asserted-by":"crossref","first-page":"373","DOI":"10.1007\/BF02282059","article-title":"An interior point algorithm for large scale portfolio optimization","volume":"45","author":"Takehara","year":"1993","journal-title":"Annals of Operations Research"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB25","series-title":"Simulated Annealing: Theory and Applications","author":"van Laarhoven","year":"1988"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB26","doi-asserted-by":"crossref","first-page":"382","DOI":"10.2307\/1909468","article-title":"The simplex method for quadratic programming","volume":"27","author":"Wolfe","year":"1959","journal-title":"Econometrica"},{"key":"10.1016\/S0377-2217(02)00784-1_BIB27","doi-asserted-by":"crossref","first-page":"171","DOI":"10.1007\/BF01096737","article-title":"Improving hit-and-run for global optimization","volume":"3","author":"Zabinsky","year":"1993","journal-title":"Journal of Global Optimization"}],"container-title":["European Journal of Operational Research"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/api.elsevier.com\/content\/article\/PII:S0377221702007841?httpAccept=text\/xml","content-type":"text\/xml","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/api.elsevier.com\/content\/article\/PII:S0377221702007841?httpAccept=text\/plain","content-type":"text\/plain","content-version":"vor","intended-application":"text-mining"}],"deposited":{"date-parts":[[2019,3,30]],"date-time":"2019-03-30T03:58:50Z","timestamp":1553918330000},"score":1,"resource":{"primary":{"URL":"https:\/\/linkinghub.elsevier.com\/retrieve\/pii\/S0377221702007841"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2003,11]]},"references-count":27,"journal-issue":{"issue":"3","published-print":{"date-parts":[[2003,11]]}},"alternative-id":["S0377221702007841"],"URL":"https:\/\/doi.org\/10.1016\/s0377-2217(02)00784-1","relation":{},"ISSN":["0377-2217"],"issn-type":[{"value":"0377-2217","type":"print"}],"subject":[],"published":{"date-parts":[[2003,11]]}}}