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Buyback Problem with Discrete Concave Valuation Functions

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Approximation and Online Algorithms (WAOA 2015)

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Abstract

We discuss an online discrete optimization problem called the buyback problem. In the literature of the buyback problem, the valuation function representing the value of a set of selected elements is given by a linear function. In this paper, we consider a generalization of the buyback problem using a nonlinear valuation function. We propose an online algorithm for the problem with a discrete concave valuation function, and show that it achieves the same competitive ratio as the best possible ratio for a linear valuation function.

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Acknowledgements

The authors thank anonymous referees for their valuable comments on the manuscript. This work is supported by JSPS/MEXT KAKENHI Grand Numbers 24106007, 25106503, 15H02665, 15H00848, 15K00030.

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Correspondence to Akiyoshi Shioura .

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Fukuda, S., Shioura, A., Tokuyama, T. (2015). Buyback Problem with Discrete Concave Valuation Functions. In: Sanità, L., Skutella, M. (eds) Approximation and Online Algorithms. WAOA 2015. Lecture Notes in Computer Science(), vol 9499. Springer, Cham. https://doi.org/10.1007/978-3-319-28684-6_7

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  • DOI: https://doi.org/10.1007/978-3-319-28684-6_7

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