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Equilibrium formulations of relative optimization problems

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  • I. V. Konnov

    (Kazan Federal University)

Abstract

We consider relative or subjective optimization problems where the goal function and feasible set are dependent of the current state of the system under consideration. We propose equilibrium formulations of the corresponding problems that lead to general (quasi-)equilibrium problems. We propose to apply a regularized version of the penalty method for the general quasi-equilibrium problem, which enables us to establish existence results under weak coercivity conditions and replace the quasi-equilibrium problem with a sequence of the usual equilibrium problems. We describe several examples of applications and show that the subjective approach can be extended to non-cooperative game problems.

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  • I. V. Konnov, 2019. "Equilibrium formulations of relative optimization problems," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 90(1), pages 137-152, August.
    • Handle: RePEc:spr:mathme:v:90:y:2019:i:1:d:10.1007_s00186-019-00663-z
    DOI: 10.1007/s00186-019-00663-z
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    References listed on IDEAS

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    1. M. Bianchi & R. Pini, 2005. "Coercivity Conditions for Equilibrium Problems," Journal of Optimization Theory and Applications, Springer, vol. 124(1), pages 79-92, January.
    2. I. Konnov, 2014. "On penalty methods for non monotone equilibrium problems," Journal of Global Optimization, Springer, vol. 59(1), pages 131-138, May.
    3. Harker, Patrick T., 1991. "Generalized Nash games and quasi-variational inequalities," European Journal of Operational Research, Elsevier, vol. 54(1), pages 81-94, September.
    4. I. Konnov & D. Dyabilkin, 2011. "Nonmonotone equilibrium problems: coercivity conditions and weak regularization," Journal of Global Optimization, Springer, vol. 49(4), pages 575-587, April.
    5. I. V. Konnov, 2015. "Regularized Penalty Method for General Equilibrium Problems in Banach Spaces," Journal of Optimization Theory and Applications, Springer, vol. 164(2), pages 500-513, February.
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    Cited by:

    1. Igor Konnov, 2021. "Variational Inequality Type Formulations of General Market Equilibrium Problems with Local Information," Journal of Optimization Theory and Applications, Springer, vol. 188(2), pages 332-355, February.
    2. M. Bianchi & G. Kassay & R. Pini, 2022. "Brezis pseudomonotone bifunctions and quasi equilibrium problems via penalization," Journal of Global Optimization, Springer, vol. 82(3), pages 483-498, March.
    3. Lam Quoc Anh & Tran Quoc Duy & Le Dung Muu & Truong Van Tri, 2021. "The Tikhonov regularization for vector equilibrium problems," Computational Optimization and Applications, Springer, vol. 78(3), pages 769-792, April.
    4. I. V. Konnov, 2021. "A general class of relative optimization problems," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 93(3), pages 501-520, June.

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