In this paper, the ORC (Organic Rankine cycle) technology is adopted to recover the exhaust waste heat of diesel engine. The thermodynamic, economic and optimization models of the ORC system are established, respectively. Firstly, the effects of four key parameters, including evaporation pressure, superheat degree, condensation temperature and exhaust temperature at the outlet of the evaporator on the thermodynamic performances and economic indicators of the ORC system are investigated. Subsequently, based on the established optimization model, GA (genetic algorithm) is employed to solve the Pareto solution of the thermodynamic performances and economic indicators for maximizing net power output and minimizing total investment cost under diesel engine various operating conditions using R600, R600a, R601a, R245fa, R1234yf and R1234ze as working fluids. The most suitable working fluid used in the ORC system for diesel engine waste heat recovery is screened out, and then the corresponding optimal parameter regions are analyzed. The results show that thermodynamic performance of the ORC system is improved at the expense of economic performance. Among these working fluids, R245fa is considered as the most suitable working fluid for the ORC waste heat application of the diesel engine with comprehensive consideration of thermoeconomic performances, environmental impacts and safety levels. Under the various operating conditions of the diesel engine, the optimal evaporation pressure is in the range of 1.1 MPa-2.1 MPa. In addition, the optimal superheat degree and the exhaust temperature at the outlet of the evaporator are mainly influenced by the operating conditions of the diesel engine. The optimal condensation temperature keeps a nearly constant value of 298.15 K. (C) 2015 Elsevier Ltd. All rights reserved.