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On minimizing budget and time in influence propagation over social networks

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TLDR
This paper studies alternative optimization problems which are naturally motivated by resource and time constraints on viral marketing campaigns and establishes the value of the approximation algorithms, by conducting an experimental evaluation, comparing their quality against that achieved by various heuristics.
Abstract
In recent years, study of influence propagation in social networks has gained tremendous attention. In this context, we can identify three orthogonal dimensions—the number of seed nodes activated at the beginning (known as budget), the expected number of activated nodes at the end of the propagation (known as expected spread or coverage), and the time taken for the propagation. We can constrain one or two of these and try to optimize the third. In their seminal paper, Kempe et al. constrained the budget, left time unconstrained, and maximized the coverage: this problem is known as Influence Maximization (or MAXINF for short). In this paper, we study alternative optimization problems which are naturally motivated by resource and time constraints on viral marketing campaigns. In the first problem, termed minimum target set selection (or MINTSS for short), a coverage threshold η is given and the task is to find the minimum size seed set such that by activating it, at least η nodes are eventually activated in the expected sense. This naturally captures the problem of deploying a viral campaign on a budget. In the second problem, termed MINTIME, the goal is to minimize the time in which a predefined coverage is achieved. More precisely, in MINTIME, a coverage threshold η and a budget threshold k are given, and the task is to find a seed set of size at most k such that by activating it, at least η nodes are activated in the expected sense, in the minimum possible time. This problem addresses the issue of timing when deploying viral campaigns. Both these problems are NP-hard, which motivates our interest in their approximation. For MINTSS, we develop a simple greedy algorithm and show that it provides a bicriteria approximation. We also establish a generic hardness result suggesting that improving this bicriteria approximation is likely to be hard. For MINTIME, we show that even bicriteria and tricriteria approximations are hard under several conditions. We show, however, that if we allow the budget for number of seeds k to be boosted by a logarithmic factor and allow the coverage to fall short, then the problem can be solved exactly in PTIME, i.e., we can achieve the required coverage within the time achieved by the optimal solution to MINTIME with budget k and coverage threshold η. Finally, we establish the value of the approximation algorithms, by conducting an experimental evaluation, comparing their quality against that achieved by various heuristics.

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Citations
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Book

Information and Influence Propagation in Social Networks

TL;DR: A detailed description of well-established diffusion models, including the independent cascade model and the linear threshold model, that have been successful at explaining propagation phenomena are described as well as numerous extensions to them, introducing aspects such as competition, budget, and time-criticality, among many others.
Proceedings Article

Time-critical influence maximization in social networks with time-delayed diffusion process

TL;DR: Time-critical influence maximization under the time-delayed IC model maintains desired properties such as submodularity, which allows a greedy algorithm to achieve an approximation ratio of 1 - 1/e, to circumvent the NP-hardness of the problem.
Proceedings ArticleDOI

Influence Maximization in Dynamic Social Networks

TL;DR: This paper proposes a novel algorithm to approximate the optimal solution to the problem of maximizing influence diffusion in a dynamic social network, through probing a small portion of the network, and minimizes the possible error between the observed network and the real network.
Journal ArticleDOI

Influence Estimation and Maximization in Continuous-Time Diffusion Networks

TL;DR: The proposed algorithms significantly improve over previous state-of-the-art methods in terms of the accuracy of the estimated influence and the quality of the selected nodes to maximize the influence, and the randomized algorithm can easily scale up to networks of millions of nodes.
Journal ArticleDOI

Cost-effective viral marketing for time-critical campaigns in large-scale social networks

TL;DR: This work investigates the cost-effective massive viral marketing problem, taking into the consideration the limited influence propagation, and provides mathematical programming to find optimal seeding for medium-size networks and proposes VirAds, an efficient algorithm, to tackle the problem on large-scale networks.
References
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Proceedings ArticleDOI

Maximizing the spread of influence through a social network

TL;DR: An analysis framework based on submodular functions shows that a natural greedy strategy obtains a solution that is provably within 63% of optimal for several classes of models, and suggests a general approach for reasoning about the performance guarantees of algorithms for these types of influence problems in social networks.
Journal ArticleDOI

An analysis of approximations for maximizing submodular set functions--I

TL;DR: It is shown that a “greedy” heuristic always produces a solution whose value is at least 1 −[(K − 1/K]K times the optimal value, which can be achieved for eachK and has a limiting value of (e − 1)/e, where e is the base of the natural logarithm.
Posted Content

An analysis of approximations for maximizing submodular set functions II

TL;DR: In this article, the authors considered the problem of finding a maximum weight independent set in a matroid, where the elements of the matroid are colored and the items of the independent set can have no more than K colors.
Journal ArticleDOI

A threshold of ln n for approximating set cover

TL;DR: It is proved that (1 - o(1) ln n setcover is a threshold below which setcover cannot be approximated efficiently, unless NP has slightlysuperpolynomial time algorithms.
Proceedings ArticleDOI

Mining the network value of customers

TL;DR: It is proposed to model also the customer's network value: the expected profit from sales to other customers she may influence to buy, the customers those may influence, and so on recursively, taking advantage of the availability of large relevant databases.