Fine-grained Complexity Meets IP = PSPACE
Lijie Chen, Shafi Goldwasser, Kaifeng Lyu, Guy N. Rothblum, Aviad, Rubinstein

TL;DR
This paper explores the fine-grained complexity of problems in P, establishing equivalences between exact and approximate solutions, and deriving new complexity barriers using interactive proof systems and reductions.
Contribution
It introduces the BP-Pair-Class of problems, showing their equivalence under near-linear reductions and connecting their complexity to NC-SETH assumptions.
Findings
Exact and approximate solutions are equivalent in the BP-Pair-Class.
Solving these problems requires quadratic time under NC-SETH.
Modest algorithm improvements imply NEXP not in non-uniform NC^1.
Abstract
In this paper we study the fine-grained complexity of finding exact and approximate solutions to problems in P. Our main contribution is showing reductions from exact to approximate solution for a host of such problems. As one (notable) example, we show that the Closest-LCS-Pair problem (Given two sets of strings and , compute exactly the maximum with ) is equivalent to its approximation version (under near-linear time reductions, and with a constant approximation factor). More generally, we identify a class of problems, which we call BP-Pair-Class, comprising both exact and approximate solutions, and show that they are all equivalent under near-linear time reductions. Exploring this class and its properties, we also show: Under the NC-SETH assumption (a significantly more relaxed assumption than SETH), solving any of…
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