Consider the following "controlled" random graph process: edges of the complete graph are revealed one by one in random order to an online algorithm, which immediately decides whether to retain each observed edge. The algorithm's objective is to construct a graph property within specified constraints on the total number of observed edges ("time") and the total number of retained edges ("budget").

During this talk, I will present results in this model for natural graph properties, such as connectivity, Hamiltonicity, and containment of fixed-size subgraphs. Specifically, I will describe a strategy to construct a Hamilton cycle at the hitting time for minimum degree 2 by retaining a linear number of edges. This extends the classical hitting time result for Hamiltonicity originally established by Ajtai–Komlós–Szemerédi and Bollobás.

The talk is based on joint work with Alan Frieze and Michael Krivelevich.