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Existence and uniqueness of maximal elements for preference relations: Variational approach

Research output: Contribution to journalArticle in a journalpeer-review

3 Scopus citations

Abstract

In this work, we reformulate the problem of existence of maximal elements for preference relations as a variational inequality problem in the sense of Stampacchia. Similarly, we establish the uniqueness of maximal elements using a variational inequality problem in the sense of Minty. In both of these approaches, we use the normal cone operator to find existence and uniqueness results, under mild assumptions. In addition, we provide an algorithm for finding such maximal elements, which is inspired by the steepest descent method for minimization. Under certain conditions, we prove that the sequence generated by this algorithm converges to a maximal element.

Original languageEnglish
Pages (from-to)1246-1263
Number of pages18
JournalJournal of Optimization Theory and Applications
Volume198
Issue number3
Early online date27 Jul 2023
DOIs
StatePublished - Sep 2023

Bibliographical note

Publisher Copyright:
© 2023, The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

Keywords

  • Maximal elements
  • Minty variational inequality
  • Stampacchia variational inequality
  • Steepest descent method

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