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Budget-constrained profit maximization without non-negative objective assumption in social networks

Author

Listed:
  • Suning Gong

    (Qingdao University)

  • Qingqin Nong

    (Ocean University of China)

  • Yue Wang

    (Ocean University of China)

  • Dingzhu Du

    (University of Texas)

Abstract

In this paper, we study the budget-constrained profit maximization problem with expensive seed endorsement, a derivation of the well-studied influence maximization and profit maximization in social networks. While existing research requires the non-negativity of the objective profit function, this paper considers real-world scenarios where costs may surpass revenue. Specifically, our problem can be regarded as maximizing the difference between a non-negative submodular function and a non-negative modular function under a knapsack constraint, allowing for negative differences. To tackle this challenge, we propose two algorithms. Firstly, we employ a twin greedy and enumeration technique to design a polynomial-time algorithm with a quarter weak approximation ratio, providing a balance between computational efficiency and solution quality. Then, we incorporate a threshold decreasing technique to enhance the time complexity of the first algorithm, yielding an improved computational efficiency while maintaining a reasonable level of solution accuracy. To our knowledge, this is the first paper to study the profit maximization beyond non-negativity and to propose polynomial-time algorithms with a constant bicriteria approximation ratio.

Suggested Citation

  • Suning Gong & Qingqin Nong & Yue Wang & Dingzhu Du, 2024. "Budget-constrained profit maximization without non-negative objective assumption in social networks," Journal of Global Optimization, Springer, vol. 90(4), pages 1007-1030, December.
  • Handle: RePEc:spr:jglopt:v:90:y:2024:i:4:d:10.1007_s10898-024-01406-z
    DOI: 10.1007/s10898-024-01406-z
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