High precision simulations of the longest common subsequence problem

The longest common subsequence problem is a long studied prototype of pattern matching problems. In spite of the effort dedicated to it, the numerical value of its central quantity, the Chvátal-Sankoff constant, is not yet known. Numerical estimations of this constant are very difficult due to finite size effects. We propose a numerical method to estimate the Chvátal-Sankoff constant which combines the advantages of an analytically known functional form of the finite size effects with an efficient multi-spin coding scheme. This method yields very high precision estimates of the Chvátal-Sankoff constant. Our results correct earlier estimates for small alphabet size while they are consistent with (albeit more precise than) earlier results for larger alphabet size.