An explicit extragradient algorithm for solving variational inequality problem with application

Olawale Kazeem Oyewole, Lateef Olakunle Jolaoso, Oluwatosin Temitope Mewomo*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

In this paper, we introduce a new explicit extragradient algorithm for solving Variational Inequality Problem (VIP) in Banach spaces. The proposed algorithm uses a linesearch method whose inner iterations are independent of any projection onto feasible sets. Under standard and mild assumption of pseudomonotonicity and uniform continuity of the VIP associated operator, we establish the strong convergence of the scheme. Further, we apply our algorithm to find an equilibrium point with minimal environmental cost for a model in electricity production. Finally, a numerical result is presented to illustrate the given model. Our result extends, improves and unifies other related results in the literature.

Original languageEnglish
Article number2250117
JournalAsian-European Journal of Mathematics
DOIs
Publication statusAccepted/In press - 2021
Externally publishedYes

Keywords

  • Banach space
  • Variational inequality
  • extragradient algorithm
  • linesearch rule
  • pseudomonotone operator
  • strong convergence

Fingerprint

Dive into the research topics of 'An explicit extragradient algorithm for solving variational inequality problem with application'. Together they form a unique fingerprint.

Cite this