Abstract
The NP-complete Permutation Pattern Matching problem asks whether a permutation P can be matched into a permutation T. A matching is an order-preserving embedding of P into T. We present a fixed-parameter algorithm solving this problem with an exponential worst-case runtime of $\mathcal{O}^*(1.79^{\sf{run}(T)})$, where run(T) denotes the number of alternating runs of T. This is the first algorithm that improves upon the $\mathcal{O}^*(2^n)$ runtime required by brute-force search without imposing restrictions on P and T. Furthermore we prove that --- under standard complexity theoretic assumptions --- such a fixed-parameter tractability result is not possible for run(P).
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