The NP-hard Max-k-cover problem requires selecting k sets from a collection so as to maximize the size of the union. This classic problem occurs commonly in many settings in web search and advertising. For moderately-sized instances, a greedy algorithm gives an approximation of (1-1/e). However, the greedy algorithm requires updating scores of arbitrary elements after each step, and hence becomes intractable for large datasets.
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Chierichetti et al. (2010) studied this question.
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