Abstract
We present an all-pairs shortest path algorithm whose running time on a complete directed graph on vertices whose edge weights are chosen independently and uniformly at random from is , in expectation and with high probability. This resolves a long standing open problem. The algorithm is a variant of the dynamic all-pairs shortest paths algorithm of Demetrescu and Italiano. The analysis relies on a proof that the number of \emph{locally shortest paths} in such randomly weighted graphs is , in expectation and with high probability. We also present a dynamic version of the algorithm that recomputes all shortest paths after a random edge update in expected time.
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