9,624 research outputs found

    Implementing the AIFMD: Success or failure? ECMI Commentary No. 34, 28 March 2013

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    This commentary considers the implementation of the Alternative Investment Fund Managers Directive (AIFMD) by the European Commission. The AIFMD creates an internal market for asset management and as an endeavour to develop market-based finance is an important piece of legislation for the European economy. The author, Mirzha de Manuel Aramendía, considers the implementation of some of the provisions that raised concern among industry participants. He finds that, on balance, a practical and flexible approach to implementation has been followed that should help secure the success of the framework, which at present is still uncertain. The commentary also considers the remuneration guidelines adopted recently by the European Securities and Markets Authority (ESMA). It encourages EU and national authorities to commit to the success of the AIFMD framework, as part of a broader effort to develop capital markets and reduce the historical reliance of the European economy on bank finance

    A Double Exponential Lower Bound for the Distinct Vectors Problem

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    In the (binary) Distinct Vectors problem we are given a binary matrix A with pairwise different rows and want to select at most k columns such that, restricting the matrix to these columns, all rows are still pairwise different. A result by Froese et al. [JCSS] implies a 2^2^(O(k)) * poly(|A|)-time brute-force algorithm for Distinct Vectors. We show that this running time bound is essentially optimal by showing that there is a constant c such that the existence of an algorithm solving Distinct Vectors with running time 2^(O(2^(ck))) * poly(|A|) would contradict the Exponential Time Hypothesis

    On the Complexity of Establishing Hereditary Graph Properties via Vertex Splitting

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    Vertex splitting is a graph operation that replaces a vertex v with two nonadjacent new vertices u, w and makes each neighbor of v adjacent with one or both of u or w. Vertex splitting has been used in contexts from circuit design to statistical analysis. In this work, we generalize from specific vertex-splitting problems and systematically explore the computational complexity of achieving a given graph property Π by a limited number of vertex splits, formalized as the problem Π Vertex Splitting (Π-VS). We focus on hereditary graph properties and contribute four groups of results: First, we classify the classical complexity of Π-VS for graph properties characterized by forbidden subgraphs of order at most 3. Second, we provide a framework that allows one to show NP-completeness whenever one can construct a combination of a forbidden subgraph and prescribed vertex splits that satisfy certain conditions. Using this framework we show NP-completeness when Π is characterized by sufficiently well-connected forbidden subgraphs. In particular, we show that F-Free-VS is NP-complete for each biconnected graph F. Third, we study infinite families of forbidden subgraphs, obtaining NP-completeness for Bipartite-VS and Perfect-VS, contrasting the known result that Π-VS is in P if Π is the set of all cycles. Finally, we contribute to the study of the parameterized complexity of Π-VS with respect to the number of allowed splits. We show para-NP-hardness for K₃-Free-VS and derive an XP-algorithm when each vertex is only allowed to be split at most once, showing that the ability to split a vertex more than once is a key driver of the problems' complexity

    On Kernelization and Approximation for the Vector Connectivity Problem

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    In the Vector Connectivity problem we are given an undirected graph G=(V,E), a demand function phi: V => {0,...,d}, and an integer k. The question is whether there exists a set S of at most k vertices such that every vertex v in V\S has at least phi(v) vertex-disjoint paths to S; this abstractly captures questions about placing servers in a network, or warehouses on a map, relative to demands. The problem is NP-hard already for instances with d=4 (Cicalese et al., Theor. Comput. Sci. 2015), admits a log-factor approximation (Boros et al., Networks 2014), and is fixed-parameter tractable in terms of k (Lokshtanov, unpublished 2014). We prove several results regarding kernelization and approximation for Vector Connectivity and the variant Vector d-Connectivity where the upper bound d on demands is a constant. For Vector d-Connectivity we give a factor d-approximation algorithm and construct a vertex-linear kernelization, i.e., an efficient reduction to an equivalent instance with f(d)k=O(k) vertices. For Vector Connectivity we get a factor opt-approximation and we show that it has no kernelization to size polynomial in k+d unless NP \subseteq coNP/poly, making f(d)\poly(k) optimal for Vector d-Connectivity. Finally, we provide a write-up for fixed-parameter tractability of Vector Connectivity(k) by giving a different algorithm based on matroid intersection

    Cluster Editing Parameterized Above Modification-Disjoint P₃-Packings

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    Given a graph G = (V,E) and an integer k, the Cluster Editing problem asks whether we can transform G into a union of vertex-disjoint cliques by at most k modifications (edge deletions or insertions). In this paper, we study the following variant of Cluster Editing. We are given a graph G = (V,E), a packing ℋ of modification-disjoint induced P₃s (no pair of P₃s in H share an edge or non-edge) and an integer . The task is to decide whether G can be transformed into a union of vertex-disjoint cliques by at most +|H| modifications (edge deletions or insertions). We show that this problem is NP-hard even when = 0 (in which case the problem asks to turn G into a disjoint union of cliques by performing exactly one edge deletion or insertion per element of H) and when each vertex is in at most 23 P₃s of the packing. This answers negatively a question of van Bevern, Froese, and Komusiewicz (CSR 2016, ToCS 2018), repeated by C. Komusiewicz at Shonan meeting no. 144 in March 2019. We then initiate the study to find the largest integer c such that the problem remains tractable when restricting to packings such that each vertex is in at most c packed P₃s. Van Bevern et al. showed that the case c = 1 is fixed-parameter tractable with respect to and we show that the case c = 2 is solvable in |V|^{2 + O(1)} time

    On Computing Centroids According to the p-Norms of Hamming Distance Vectors

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    In this paper we consider the p-Norm Hamming Centroid problem which asks to determine whether some given strings have a centroid with a bound on the p-norm of its Hamming distances to the strings. Specifically, given a set S of strings and a real k, we consider the problem of determining whether there exists a string s^* with (sum_{s in S} d^{p}(s^*,s))^(1/p) <=k, where d(,) denotes the Hamming distance metric. This problem has important applications in data clustering and multi-winner committee elections, and is a generalization of the well-known polynomial-time solvable Consensus String (p=1) problem, as well as the NP-hard Closest String (p=infty) problem. Our main result shows that the problem is NP-hard for all fixed rational p > 1, closing the gap for all rational values of p between 1 and infty. Under standard complexity assumptions the reduction also implies that the problem has no 2^o(n+m)-time or 2^o(k^(p/(p+1)))-time algorithm, where m denotes the number of input strings and n denotes the length of each string, for any fixed p > 1. The first bound matches a straightforward brute-force algorithm. The second bound is tight in the sense that for each fixed epsilon > 0, we provide a 2^(k^(p/((p+1))+epsilon))-time algorithm. In the last part of the paper, we complement our hardness result by presenting a fixed-parameter algorithm and a factor-2 approximation algorithm for the problem

    Turbocharging Heuristics for Weak Coloring Numbers

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    Bounded expansion and nowhere-dense classes of graphs capture the theoretical tractability for several important algorithmic problems. These classes of graphs can be characterized by the so-called weak coloring numbers of graphs, which generalize the well-known graph invariant degeneracy (also called k-core number). Being NP-hard, weak-coloring numbers were previously computed on real-world graphs mainly via incremental heuristics. We study whether it is feasible to augment such heuristics with exponential-time subprocedures that kick in when a desired upper bound on the weak coloring number is breached. We provide hardness and tractability results on the corresponding computational subproblems. We implemented several of the resulting algorithms and show them to be competitive with previous approaches on a previously studied set of benchmark instances containing 86 graphs with up to 183831 edges. We obtain improved weak coloring numbers for over half of the instances

    Approximation Algorithms for Mixed, Windy, and Capacitated Arc Routing Problems

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    We show that any alpha(n)-approximation algorithm for the n-vertex metric asymmetric Traveling Salesperson problem yields O(alpha(C))-approximation algorithms for various mixed, windy, and capacitated arc routing problems. Herein, C is the number of weakly-connected components in the subgraph induced by the positive-demand arcs, a number that can be expected to be small in applications. In conjunction with known results, we derive constant-factor approximations if C is in O(log n) and O(log(C)/log(log(C)))-approximations in general

    How Hard Is It to Satisfy (Almost) All Roommates?

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    The classic Stable Roommates problem (the non-bipartite generalization of the well-known Stable Marriage problem) asks whether there is a stable matching for a given set of agents, i.e. a partitioning of the agents into disjoint pairs such that no two agents induce a blocking pair. Herein, each agent has a preference list denoting who it prefers to have as a partner, and two agents are blocking if they prefer to be with each other rather than with their assigned partners. Since stable matchings may not be unique, we study an NP-hard optimization variant of Stable Roommates, called Egal Stable Roommates, which seeks to find a stable matching with a minimum egalitarian cost gamma, i.e. the sum of the dissatisfaction of the agents is minimum. The dissatisfaction of an agent is the number of agents that this agent prefers over its partner if it is matched; otherwise it is the length of its preference list. We also study almost stable matchings, called Min-Block-Pair Stable Roommates, which seeks to find a matching with a minimum number beta of blocking pairs. Our main result is that Egal Stable Roommates parameterized by gamma is fixed-parameter tractable, while Min-Block-Pair Stable Roommates parameterized by beta is W[1]-hard, even if the length of each preference list is at most five

    The Parameterized Complexity of the Minimum Shared Edges Problem

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    We study the NP-complete Minimum Shared Edges (MSE) problem. Given an undirected graph, a source and a sink vertex, and two integers p and k, the question is whether there are p paths in the graph connecting the source with the sink and sharing at most k edges. Herein, an edge is shared if it appears in at least two paths. We show that MSE is W[1]-hard when parameterized by the treewidth of the input graph and the number k of shared edges combined. We show that MSE is fixed-parameter tractable with respect to p, but does not admit a polynomial-size kernel (unless NP is a subset of coNP/poly). In the proof of the fixed-parameter tractability of MSE parameterized by p, we employ the treewidth reduction technique due to Marx, O'Sullivan, and Razgon [ACM TALG 2013]
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