DIMACS TR: 2006-03 
  An exact algorithm for MAX-CUT in sparse graphs 
 
Authors: F. Della Croce, M. J. Kaminski and V. Th. Paschos
 
                              ABSTRACT
 
We Study exact algorithms for the MAX-CUT problem. Introducing a new
technique, we present an algorithmic scheme that computes a maximum
cut in graphs with bounded maximum degree. Our algorithm runs in time
$O^*(2^{(1-(2/\Delta))n})$. We also describe a MAX-CUT algorithm for
general graphs. Its time complexity is
$O^*(2^{mn/(m+n)})$. Both algorithms use polynomial space.
Paper Available at:
ftp://dimacs.rutgers.edu/pub/dimacs/TechnicalReports/TechReports/2006/2006-03.ps.gz
 DIMACS Home Page