4.5 Article Proceedings Paper

A convergent inexact solution method for equilibrium problems

Journal

OPTIMIZATION METHODS & SOFTWARE
Volume 29, Issue 5, Pages 979-991

Publisher

TAYLOR & FRANCIS LTD
DOI: 10.1080/10556788.2013.796376

Keywords

equilibrium problem; gap function; inexact method; nonmonotone line search

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We consider equilibrium problems with differentiable bifunctions. We adopt the well-known approach based on the reformulation of the equilibrium problem as a global optimization problem through an appropriate gap function. We propose a solution method based on the inexact (and hence, less expensive) evaluation of the gap function and on the employment of a nonmonotone line search. We prove global convergence properties of the proposed inexact method under standard assumptions. Some preliminary numerical results show the potential computational advantages of the inexact method compared with a standard exact descent method.

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