Online Submodular Maximization: Beating 1/2 Made Simple
Niv Buchbinder, Moran Feldman, Yuval Filmus, Mohit Garg

TL;DR
This paper improves the analysis of the greedy algorithm for online submodular maximization in random order settings, achieving a better competitive ratio and extending results to more general matroid constraints.
Contribution
It provides a simpler proof of a slightly improved competitive ratio for the greedy algorithm in online submodular maximization and extends the analysis to general matroid constraints.
Findings
Greedy algorithm is 0.5096-competitive in the random arrival model.
The analysis applies to general partition matroids with a competitive ratio upper bound of 0.576.
The competitive ratio of greedy does not match the offline optimal of 1-1/e.
Abstract
The Submodular Welfare Maximization problem (SWM) captures an important subclass of combinatorial auctions and has been studied extensively from both computational and economic perspectives. In particular, it has been studied in a natural online setting in which items arrive one-by-one and should be allocated irrevocably upon arrival. In this setting, it is well known that the greedy algorithm achieves a competitive ratio of 1/2, and recently Kapralov et al. (2013) showed that this ratio is optimal for the problem. Surprisingly, despite this impossibility result, Korula et al. (2015) were able to show that the same algorithm is 0.5052-competitive when the items arrive in a uniformly random order, but unfortunately, their proof is very long and involved. In this work, we present an (arguably) much simpler analysis that provides a slightly better guarantee of 0.5096-competitiveness for…
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Taxonomy
TopicsAuction Theory and Applications · Optimization and Search Problems · Consumer Market Behavior and Pricing
