Interesting discrete optimization problems are everywhere, from traditional operations research planning problems, such as scheduling, facility location, and network design, to computer science problems in databases, to advertising issues in viral marketing. Yet most interesting discrete optimization problems are NP-hard. Thus unless P = NP, there are no efficient algorithms to find optimal solutions to such problems. This book shows how to design approximation algorithms: efficient algorithms that find provably near-optimal solutions.
The book is organized around several central algorithmic techniques for designing approximation algorithms, including greedy and local search algorithms, dynamic programming, linear and semi-definite programming, and randomization. Each chapter in the first part of the book is devoted to a single algorithmic technique, which is then applied to several different problems. The second part revisits the techniques, but offers more sophisticated treatments of them. The book also covers methods for proving that optimization problems are hard to approximate.
Designed as a textbook for graduate-level algorithms courses, the book will also serve as a reference for researchers who are interested in the heuristic solution of discrete optimization problems.
The Design of Approximation Algorithms
by David P. Williamson, David B. Shmoys (PDF) – 500 pages
