Abstract: | In this paper the penalty function method is reviewed in the general context of solving constrained minimization problems. Mathematical properties, such as the existence of a solution to the penalty problem and convergence of the solution of a penalty problem to the solution of the original problem, are studied for the general case. Then the results are extended to a penalty function formulation of the Stokes and Navier-Stokes equations. Conditions for the equivalence of two penalty-finite element models of fluid flow are established, and the theoretical error estimates are verified in the case of Stokes's problem. |