Asking which sets are fixed-parameter tractable for a given parameterization
constitutes much of the current research in parameterized complexity theory.
This approach faces some of the core difficulties in complexity theory. By
focussing instead on the parameterizations that make a given set
fixed-parameter tractable, we circumvent these difficulties. We isolate
parameterizations as independent measures of complexity and study their
underlying algebraic structure. Thus we are able to compare parameterizations,
which establishes a hierarchy of complexity that is much stronger than that
present in typical parameterized algorithms races. Among other results, we find
that no practically fixed-parameter tractable sets have optimal
parameterizations