Evolutionary Approach for k-Max Influence Problem
Keywords:
Evolutionary Algorithm, E-Marketing, k-Max Influence ProblemAbstract
In the cut throat competitive environment of e-markets, research is currently being directed towards developing marketing strategies to promote products in minimum cost. Companies aim for maximum influence of their promotional activities at minimalistic cost. The problem of Maximizing influence spread with the limited seeding budget (k) in large network is denoted as k-Max-Influence problem and proven to be NP-Hard. Various methods have been proposed to tackle this problem. Although these methods are able to find the
best seeds but suffer from high computation cost on estimating the influence function or require global knowledge of the network. This paper explores the viability of evolutionary algorithms for this problem vis-à-vis the contemporary greedy approach. It compares two prominent evolutionary algorithms i.e. Differential Evolution (DE) and Firefly (FA) for their suitability to k-Max-Influence problem. Experimental study was conducted on Epinions, Wiki-Vote, Slashdot, NetHEPT and NetPHY datasets. The results revealed that both evolutionary approaches DE and FA perform better as compared to Greedy approach with respect to maximum influence incurred as well as gain achieved by increasing the value of k. Amongst the evolutionary approaches FA outperform DE in all cases. The results show that FA maintains the consistency in its results and has higher probability to score over DE and Greedy.
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