In 1979 Valiant showed that the complexity class VP_e of families with polynomially bounded formula size is contained in the class VP_s of families that have algebraic branching programs (ABPs) of polynomially bounded size. Motivated by the problem of separating these classes we study the topological closure VP_e-bar, i.e. the class of polynomials that can be approximated arbitrarily closely by polynomials in VP_e. We describe VP_e-bar with a strikingly simple complete polynomial (in characteristic different from 2) whose recursive definition is similar to the Fibonacci numbers. Further understanding this polynomial seems to be a promising route to new formula lower bounds.

Our methods are rooted in the study of ABPs of small constant width. In 1992 Ben-Or and Cleve showed that formula size is polynomially equivalent to width-3 ABP size. We extend their result (in characteristic different from 2) by showing that approximate formula size is polynomially equivalent to approximate width-2 ABP size. This is surprising because in 2011 Allender and Wang gave explicit polynomials that cannot be computed by width-2 ABPs at all! The details of our construction lead to the aforementioned characterization of VP_e-bar.

As a natural continuation of this work we prove that the class VNP can be described as the class of families that admit a hypercube summation of polynomially bounded dimension over a product of polynomially many affine linear forms. This gives the first separations of algebraic complexity classes from their nondeterministic analogs.