TY - GEN
T1 - Optimal control strategies for an advertisement viral diffusion
AU - Gonçalves, João N. C.
AU - Rodrigues, Helena Sofia
AU - Monteiro, M. Teresa T.
N1 - Publisher Copyright:
© Springer International Publishing AG 2018.
PY - 2018
Y1 - 2018
N2 - The process of diffusing viral marketing campaigns through social networks can be modeled under concepts of mathematical epidemiology. Based on a Susceptible-Infected-Recovered (SIR) epidemiological model, the benefits of optimal control theory on the diffusion of a real viral advertisement are studied. Two optimal control strategies that could help marketers to maximize the spread of information and minimize the costs associated to it in optimal time windows are analyzed and compared. The uniqueness of optimality system is proved. Numerical simulations show that high investment costs in publicity strategies do not imply high overall levels of information diffusion. This paper contributes to the current literature by studying a viral marketing campaign using real numerical data.
AB - The process of diffusing viral marketing campaigns through social networks can be modeled under concepts of mathematical epidemiology. Based on a Susceptible-Infected-Recovered (SIR) epidemiological model, the benefits of optimal control theory on the diffusion of a real viral advertisement are studied. Two optimal control strategies that could help marketers to maximize the spread of information and minimize the costs associated to it in optimal time windows are analyzed and compared. The uniqueness of optimality system is proved. Numerical simulations show that high investment costs in publicity strategies do not imply high overall levels of information diffusion. This paper contributes to the current literature by studying a viral marketing campaign using real numerical data.
KW - Optimal control theory
KW - Viral marketing
KW - SIR epidemiological model
KW - Information diffusion strategies
UR - http://www.scopus.com/inward/record.url?scp=85042540421&partnerID=8YFLogxK
U2 - 10.1007/978-3-319-71583-4_10
DO - 10.1007/978-3-319-71583-4_10
M3 - Conference contribution
AN - SCOPUS:85042540421
SN - 9783319715827
T3 - Springer Proceedings in Mathematics and Statistics
SP - 135
EP - 149
BT - Operational Research
A2 - Vaz, A. Ismael F.
A2 - Almeida, João Paulo
A2 - Oliveira, José Fernando
A2 - Pinto, Alberto Adrego
PB - Springer New York LLC
T2 - 18th Congress of APDIO
Y2 - 28 June 2017 through 30 June 2017
ER -