Recently, variational inequality theory has been extended and applied in various directions, see [6, 7, 8, 9, 10] and the references therein. In particular, Ding [1, 2, 3], and Ding and Tan [4] studied the existence of solutions for several nonlinear variational-like inequalities in reflexive Banach spaces. In this paper, a new class of general nonlinear variational-like inequalities in reflexi...

The existence of solutions to a scalar Minty variational inequality of differential type is usually related to monotonicity property of the primitive function. On the other hand, solutions of the variational inequality are global minimizers for the primitive function. The present paper generalizes these results to vector variational inequalities putting the Increasing Along Rays (IAR) property ...

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We obtain closed–form expressions for the prices and optimal hedging strategies of American put–options in the presence of an “up–and–out” barrier, both with and without constraints on the short–selling of stock. The constrained case leads to a stochastic optimization problem of mixed optimal stopping/singular control type. This is reduced to a variational inequality which is then solved explic...

The paper is concerned with the optimal control of static elastoplasticity with linear kinematic hardening. This leads to an optimal control problem governed by an elliptic variational inequality (VI) of first kind in mixed form. Based on Lp-regularity results for the state equation, it is shown that the control-to-state operator is Bouligand differentiable. This enables to establish second-ord...

Some existence theorems for the mixed variational-like inequality for fuzzy mappings FMVLIP in a reflexive Banach space are established. Further, the auxiliary principle technique is used to suggest a novel and innovative iterative algorithm for computing the approximate solution. Consequently, not only the existence of solutions of the FMVLIP is shown, but also the convergence of iterative seq...

Variational inequality theory besides being elegant, exciting and rich, also provides us a unified and natural framework to study a large class of linear and nonlinear problems arising in mathematical and engineering sciences. Equally important is the area of operations research known as complementarity theory, which has received much attention during the last twenty years. It has been shown by...

In this paper, we propose a splitting least-squares mixed finite element method for the approximation of elliptic optimal control problem with the control constrained by pointwise inequality. By selecting a properly least-squares minimization functional, we derive equivalent two independent, symmetric and positive definite weak formulation for the primal state variable and its flux. Then, using...

We generalize the concept of well-posedness by perturbations for optimization problem to a class of variational-hemivariational inequalities. We establish some metric characterizations of the well-posedness by perturbations for the variational-hemivariational inequality and prove their equivalence between the well-posedness by perturbations for the variational-hemivariational inequality and the...

The purpose of this paper is to solve the hierarchical variational inequality with the constraint of a general system of variational inequalities in a uniformly convex and 2-uniformly smooth Banach space. We introduce implicit and explicit iterative algorithms which converge strongly to a unique solution of the hierarchical variational inequality problem. Our results improve and extend the corr...