Existence of approximate exact penalty in constrained optimization

Existence of approximate exact penalty in constrained optimization

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Article ID: iaor200954099
Country: United States
Volume: 32
Issue: 2
Start Page Number: 484
End Page Number: 495
Publication Date: May 2007
Journal: Mathematics of Operations Research
Authors:
Keywords: penalty functions
Abstract:

In this paper, we use the penalty approach in order to study constrained minimization problems in infinite dimensional spaces. A penalty function is said to have the exact penalty property if there is a penalty coefficient for which a solution of an unconstrained penalized problem is a solution of the corresponding constrained problem. In this paper, we establish the exact penalty property for a large class of inequality–constrained minimization problems.

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