Exploration and Exploitation Strategies in Jaya Algorithm: Short Review

Abstract: The Jaya algorithm is one of the recently developed innovative, algorithm-specific parameter-less optimization algorithm. This study presents a short review of exploration and exploitation approaches used by researchers to improve the performance of the basic Jaya algorithm. The objective of this paper is to present collectively the important strategies adopted to modify the basic Jaya algorithm focusing on exploration and exploitation only. This study considers the recent journal publications about the Jaya algorithm and its improvement. It is observed that researchers have focused on the solution update equation of the basic Jaya algorithm to improve the performance and balancing the exploration and exploitation in the modified Jaya algorithm.

Keywords: Exploration, Exploitation, Jaya algorithm, Strategies to balance exploration and exploitation.