A $4/5$ - Approximation Algorithm for the Maximum Traveling Salesman Problem
Szymon Dudycz, Jan Marcinkowski, Katarzyna Paluch, Bartosz, Rybicki

TL;DR
This paper introduces a fast combinatorial 4/5-approximation algorithm for the maximum traveling salesman problem, improving the previous best approximation ratio from 7/9 using novel graph elimination and edge exchange techniques.
Contribution
The paper presents a new 4/5-approximation algorithm for Max TSP, employing innovative methods like half-edges, edge coloring, and edge exchanging to enhance approximation quality.
Findings
Achieves a 4/5 approximation ratio for Max TSP
Introduces novel techniques of half-edges and edge coloring
Improves upon the previous 7/9 approximation bound
Abstract
In the maximum traveling salesman problem (Max TSP) we are given a complete undirected graph with nonnegative weights on the edges and we wish to compute a traveling salesman tour of maximum weight. We present a fast combinatorial - approximation algorithm for Max TSP. The previous best approximation for this problem was . The new algorithm is based on a novel technique of eliminating difficult subgraphs via half-edges, a new method of edge coloring and a technique of exchanging edges. A half-edge of edge is informally speaking "a half of containing either or ".
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