A Unifying Theory of Exactness of Linear Penalty Functions

13 Jul 2018 Dolgopolik M. V.

In this article we develop a theory of exact linear penalty functions that generalizes and unifies most of the results on exact penalization existing in the literature. We discuss several approaches to the study of both locally and globally exact linear penalty functions, and obtain various necessary and sufficient conditions for the exactness of a linear penalty function... (read more)

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