Online Submodular Welfare Maximization: Greedy Beats 1/2 in Random Order
Nitish Korula, Vahab Mirrokni, Morteza Zadimoghaddam

TL;DR
This paper proves that a simple greedy algorithm achieves a competitive ratio of over 0.505 for online submodular welfare maximization in the random order model, surpassing the 1/2 barrier.
Contribution
It establishes the first improved competitive ratio over 1/2 for the online SWM problem in the random order model using a greedy approach.
Findings
Greedy algorithm achieves at least 0.505 competitive ratio.
Special cases like weighted matching and coverage functions achieve 0.51 ratio.
Addresses a long-standing open problem in online submodular maximization.
Abstract
In the Submodular Welfare Maximization (SWM) problem, the input consists of a set of items, each of which must be allocated to one of agents. Each agent has a valuation function , where denotes the welfare obtained by this agent if she receives the set of items . The functions are all submodular; as is standard, we assume that they are monotone and . The goal is to partition the items into disjoint subsets in order to maximize the social welfare, defined as . In this paper, we consider the online version of SWM. Here, items arrive one at a time in an online manner; when an item arrives, the algorithm must make an irrevocable decision about which agent to assign it to before seeing any subsequent items. This problem is motivated by applications to Internet…
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Taxonomy
TopicsGame Theory and Voting Systems · Complexity and Algorithms in Graphs · Auction Theory and Applications
