Sequential Submodular Maximization and Applications to Ranking an Assortment of Products

被引:0
|
作者
Asadpour, Arash [1 ]
Niazadeh, Rad [2 ]
Saberi, Amin [3 ]
Shameli, Ali [4 ]
机构
[1] City Univ New York, Zicklin Sch Business, New York, NY 10010 USA
[2] Univ Chicago, Chicago Booth Sch Business, Chicago, IL 60637 USA
[3] Stanford Univ, Management Sci & Engn, Stanford, CA 94305 USA
[4] Core Data Sci, Menlo Pk, CA 94025 USA
关键词
submodular maximization; product ranking; online retail; combinatorial optimization; MULTINOMIAL LOGIT MODEL; MULTILINEAR RELAXATION; REVENUE MANAGEMENT; CHOICE MODEL; OPTIMIZATION; APPROXIMATION;
D O I
10.1287/opre.2022.2370
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
We study a submodular maximization problem motivated by applications in online retail. A platform displays a list of products to a user in response to a search query. The user inspects the first k items in the list for a k chosen at random from a given distribution and decides whether to purchase an item from that set based on a choice model. The goal of the platform is to maximize the engagement of the shopper defined as the probability of purchase. This problem gives rise to a less-studied variation of submodular maximization, in which we are asked to choose an ordering of a set of elements to maximize a linear combination of different submodular functions. First, using a reduction to maximizing submodular functions over matroids, we give an optimal (1 - 1/e)-approximation for this problem. We then consider a variant in which the platform cares not only about user engagement, but also about diversification across various groups of users-that is, guaranteeing a certain probability of purchase in each group. We characterize the polytope of feasible solutions and give a bicriteria ((1 - 1/e)(2), (1 - 1/e)(2))-approximation for this problem by rounding an approximate solution of a linear-programming (LP) relaxation. For rounding, we rely on our reduction and the particular rounding techniques for matroid polytopes. For the special case in which underlying submodular functions are coverage functions-which is practically relevant in online retail-we propose an alternative LP relaxation and a simpler randomized rounding for the problem. This approach yields to an optimal bicriteria (1 - 1/e, 1 - 1/e)-approximation algorithmfor the special case of the problem with coverage functions.
引用
收藏
页码:1154 / 1170
页数:17
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