Pseudomonotone$${_{ast}}$$ maps and the cutting plane property

Pseudomonotone maps are a generalization of paramonotone maps which is very closely related to the cutting plane property in variational inequality problems (VIP). In this paper, we first generalize the so-called minimum principle sufficiency and the maximum principle sufficiency for VIP with multivalued maps. Then we show that pseudomonotonicity of the map implies the “maximum principle sufficiency” and, in fact, is equivalent to it in a sense. We then present two applications of pseudomonotone maps. First we show that pseudomonotone maps can be used instead of the much more restricted class of pseudomonotone₊ maps in a cutting plane method. Finally, an application to a proximal point method is given.