This paper has two results. The first is based on the surprising observation
that the well-known least-recently-used'' paging algorithm and the balance’’ algorithm for weighted caching are linear-programming primal-dual
algorithms. This observation leads to a strategy (called Greedy-Dual'') that generalizes them both and has an optimal performance guarantee for weighted caching. For the second result, the paper presents empirical studies of paging algorithms, documenting that in practice, on typical’’ cache sizes and
sequences, the performance of paging strategies are much better than their
worst-case analyses in the standard model suggest. The paper then presents
theoretical results that support and explain this. For example: on any input
sequence, with almost all cache sizes, either the performance guarantee of
least-recently-used is O(log k) or the fault rate (in an absolute sense) is
insignificant.
Both of these results are strengthened and generalized in``On-line File
Caching’’ (1998).

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