Performance of Varying Genetic Algorithm Techniques in Online Auction

Genetic algorithm is one of the successful optimization algorithm used in computing to find exact or approximate solutions for certain complex problems. This novel algorithm was first introduced by John Holland in 1975 (Holland, 1975). Besides Holland, many other researchers have also contributed to genetic algorithm (Davis, 1987; Davis, 1991; Grefenstte, 1986; Goldberg, 1989; Michalewicz, 1992). This is an algorithm that imitates the evolutionary process concept based on the Darwinian Theory which emphasizes on the law of “the survival of the fittest”. This algorithm used techniques which are inspired from evolution biology such as inheritance, selection, crossover and mutation (Engelbrecht, 2002).