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The Augmented Weak Sharpness of Solution Sets in Equilibrium Problems

Ruyu Wang, Wenling Zhao (), Daojin Song and Yaozhong Hu
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Ruyu Wang: School of Mathematics and Statistics, Shandong University of Technology, Zibo 255049, China
Wenling Zhao: School of Mathematics and Statistics, Shandong University of Technology, Zibo 255049, China
Daojin Song: School of Mathematics and Statistics, Shandong University of Technology, Zibo 255049, China
Yaozhong Hu: Department of Mathematical and Statistical Sciences, University of Alberta, Edmonton, AB T6G 2G1, Canada

Mathematics, 2024, vol. 12, issue 2, 1-23

Abstract: This study considers equilibrium problems, focusing on identifying finite solutions for feasible solution sequences. We introduce an innovative extension of the weak sharp minimum concept from convex programming to equilibrium problems, coining this as weak sharpness for solution sets. Recognizing situations where the solution set may not exhibit weak sharpness, we propose an augmented mapping approach to mitigate this limitation. The core of our research is the formulation of augmented weak sharpness for the solution set. This comprehensive concept encapsulates both weak sharpness and strong non-degeneracy within feasible solution sequences. Crucially, we identify a necessary and sufficient condition for the finite termination of these sequences under the premise of augmented weak sharpness for the solution set in equilibrium problems. This condition significantly broadens the scope of the existing literature, which often assumes the solution set to be weakly sharp or strongly non-degenerate, especially in mathematical programming and variational inequality problems. Our findings not only shed light on the termination conditions in equilibrium problems but also introduce a less stringent sufficient condition for the finite termination of various optimization algorithms. This research, therefore, makes a substantial contribution to the field by enhancing our understanding of termination conditions in equilibrium problems and expanding the applicability of established theories to a wider range of optimization scenarios.

Keywords: equilibrium problems; feasible solution sequence; regular normal cone; weak sharpness; augmented weak sharpness; finite termination (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2024
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