 Asymptotic behavior of the quadratic knapsack problemJoachim Schauer European Journal of Operational Research, 2016, vol. 255, issue 2, 357-363 Abstract: We study the quadratic knapsack problem on instances where the profits are independent random variables defined on the interval [0, 1] and the knapsack capacity is proportional to the number of items (we assume that the weights are arbitrary numbers from the interval [0, 1]). We show asymptotically that the objective value of a very easy heuristic is not far away from the optimal solution. More specifically we show that the ratio of the optimal solution and the objective value of this heuristic almost surely tends to 1 as the size of the knapsack instance tends to infinity. As a consequence using randomly generated instances following this scheme seems to be inappropriate for studying the performance of heuristics and (to some extend) exact methods. However such instances are frequently used in the literature for this purpose. Additionally we introduce a class of test instances based on hidden cliques for which finding a good solution is much harder. We support this by theoretical observations as well as by performing computational experiments. Keywords: Quadratic knapsack problem; Asymptotic analysis; Random instances (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:255:y:2016:i:2:p:357-363 DOI: 10.1016/j.ejor.2016.06.013 Access Statistics for this article European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati More articles in European Journal of Operational Research from Elsevier |
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