学术报告
伏虎副教授:Pandora Box Problem with Nonobligatory Inspection: Hardness and Approximation Scheme

 

Academy of Mathematics and Systems Science, CAS
Colloquia & Seminars

Speaker:

伏虎副教授,上海财经大学

Inviter:  
Title:
Pandora Box Problem with Nonobligatory Inspection: Hardness and Approximation Scheme
Language: Chinese
Time & Venue:
2023.03.27 10:30-12:00 腾讯会议: 803-304-619
Abstract:

Weitzman (1979) introduced the Pandora Box problem as a model for sequential search with inspection costs, and gave an elegant index-based policy that attains provably optimal expected payoff. In various scenarios, the searching agent may select an option without making a costly inspection. The variant of the Pandora box problem with non-obligatory inspection has attracted interest from both economics and algorithms researchers. Various simple algorithms have proved suboptimal, with the best known 0.8-approximation algorithm due to Guha et al. (2008). No hardness result for the problem was known. In this work, we show that it is NP-hard to compute an optimal policy for Pandora's problem with nonobligatory inspection. We also give a polynomial-time approximation scheme (PTAS) that computes policies with an expected payoff at least (1??)-fraction of the optimal, for arbitrarily small ?>0. On the side, we show the decision version of the problem to be in NP. This is joint work with Jiawei Li and Daogao Liu.