TY - JOUR
T1 - On the dynamics of a viral marketing model with optimal control using indirect and direct methods
AU - Gonçalves, João N. C.
AU - Monteiro, M. Teresa T.
AU - Rodrigues, Helena Sofia
N1 - Publisher Copyright:
© 2018 International Academic Press.
PY - 2018
Y1 - 2018
N2 - The complexity of optimal control problems requires the use of numerical methods to compute control and optimal state trajectories for a dynamical system, aiming to optimize a particular performance index. Considering a real viral advertisement, this article compares the dynamics of a viral marketing epidemic model with optimal control under different cost scenarios and from two perspectives: using numerical methods based on the Pontryagin's Maximum Principle (indirect methods) and methods that treat the optimal control problem as a nonlinear constrained optimization problem (direct methods). Based on the trade-off between the maximization of information spreading and the minimization of the costs associated with it, an optimal control problem is formulated and studied. The existence and uniqueness of the solution are proved. Our results show not only that the cost of implementing control policies is a crucial parameter for the spreading of marketing messages, but also that low investment costs in control strategies fulfill the proposed trade-off without compromising the financial capacity of a company.
AB - The complexity of optimal control problems requires the use of numerical methods to compute control and optimal state trajectories for a dynamical system, aiming to optimize a particular performance index. Considering a real viral advertisement, this article compares the dynamics of a viral marketing epidemic model with optimal control under different cost scenarios and from two perspectives: using numerical methods based on the Pontryagin's Maximum Principle (indirect methods) and methods that treat the optimal control problem as a nonlinear constrained optimization problem (direct methods). Based on the trade-off between the maximization of information spreading and the minimization of the costs associated with it, an optimal control problem is formulated and studied. The existence and uniqueness of the solution are proved. Our results show not only that the cost of implementing control policies is a crucial parameter for the spreading of marketing messages, but also that low investment costs in control strategies fulfill the proposed trade-off without compromising the financial capacity of a company.
KW - Optimal control theory
KW - Viral marketing
KW - SIR epidemiological model
KW - Indirect methods
KW - Direct methods
UR - http://www.scopus.com/inward/record.url?scp=85058818828&partnerID=8YFLogxK
U2 - 10.19139/soic.v6i4.441
DO - 10.19139/soic.v6i4.441
M3 - Article
AN - SCOPUS:85058818828
SN - 2311-004X
VL - 6
SP - 633
EP - 644
JO - Statistics, Optimization and Information Computing
JF - Statistics, Optimization and Information Computing
IS - 4
ER -