Approximation Algorithms for Coordinating Ad Campaigns on Social Networks
Kartik Lakhotia, David Kempe

TL;DR
This paper develops approximation algorithms for optimizing coordinated social ad campaigns, modeling influence constraints and providing practical algorithms with theoretical guarantees, supported by experimental analysis.
Contribution
It introduces a reduction of the campaign coordination problem to submodular maximization with matroid constraints and offers approximation algorithms, including practical LP rounding methods under the Independent Cascade model.
Findings
Approximation factor of 1/2 for broad influence models.
Improved approximation factor of 1-1/e when seed set sizes are unbounded.
Experimental results show less similarity between networks reduces revenue loss due to competition.
Abstract
We study a natural model of coordinated social ad campaigns over a social network, based on models of Datta et al. and Aslay et al. Multiple advertisers are willing to pay the host - up to a known budget - per user exposure, whether the exposure is sponsored or orgain (i.e. shared by a friend). Campaigns are seeded with sponsored ads to some users, but no user must be exposed to too many sponsored ads. Thus, while ad campaigns proceed independently over the network, they need to be carefully coordinated with respect to their seed sets. We study the objective of maximizing host's total ad revenue. Our main result is to show that under a broad class of influence models, the problem can be reduced to maximizing a submodular function subject to two matroid constraints; it can therefore be approximated within a factor essentially 1/2 in polynomial time. When there is no bound on the…
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