Logo image
Interior-Point Algorithms, Penalty Methods and Equilibrium Problems
Journal article   Peer reviewed

Interior-Point Algorithms, Penalty Methods and Equilibrium Problems

Hande Benson, Arun Sen, David Shanno and Robert Vanderbei
Computational optimization and applications, v 34(2)
Jun 2006

Abstract

equilibrium problems interior-point methods nonlinear programming Convex and Discrete Geometry Operations Research/Decision Theory complementarity Mathematics Operations Research, Mathematical Programming Statistics, general penalty methods Optimization
In this paper we consider the question of solving equilibrium problems—formulated as complementarity problems and, more generally, mathematical programs with equilibrium constraints (MPECs)—as nonlinear programs, using an interior-point approach. These problems pose theoretical difficulties for nonlinear solvers, including interior-point methods. We examine the use of penalty methods to get around these difficulties and provide substantial numerical results. We go on to show that penalty methods can resolve some problems that interior-point algorithms encounter in general.

Metrics

6 Record Views
56 citations in Scopus

Details

InCites Highlights

Data related to this publication, from InCites Benchmarking & Analytics tool:

Collaboration types
Domestic collaboration
Web of Science research areas
Mathematics, Applied
Operations Research & Management Science
Logo image