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Local-global properties of bifunctions
Authors:Z First  S T Hackman  U Passy
Institution:(1) Faculty of Industrial Engineering and Management, Technion-Israel Institute of Technology, Haifa, Israel;(2) School of Industrial and Systems Engineering, Georgia Institute of Technology, Atlanta, Georgia
Abstract:Representations of composite systems, such as bilinear programming, models of consumer/producer behavior, and sensitivity problems involve bifunctions (functions of two vector arguments). Such bifunctions are typically convex, pseudoconvex, or quasiconvex in each of their arguments, but not jointly convex, pseudoconvex, or quasiconvex. These functions do not in general possess the strong local-global property, namely, that every stationary point is a global minimum. In this paper, we define conditions that ensure that a bifunction possesses only a global minimum. In exploring this question, we use P-convexity and pseudo P-convexity, which are classes of bifunctions that generalize quasiconvexity and pseudoconvexity.
Keywords:Generalized convexity  pseudoconvexity  quasiconvexity  global minimum  sensitivity analysis
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