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- Title
Globally convergent method for designing twice spline contractual function.
- Authors
Zhu, Zhichuan; Yao, Yonghong; Postolache, Mihai
- Abstract
To design a quadratic spline contractual function in the case of discretely unknown nodes, a modified constraint shifting homotopy algorithm for solving principal–agent problems is constructed in the paper. Then the existence of globally convergent solution to KKT systems for the principal–agent problem with spline contractual function is proved under a much weaker condition. The proposed algorithm only requires that any initial point is in the shifted feasible set but not necessarily in the original feasible set.
- Subjects
SPLINE theory; SPLINES; PROBLEM solving
- Publication
Journal of Inequalities & Applications, 2019, Vol 2019, Issue 1, pN.PAG
- ISSN
1025-5834
- Publication type
Article
- DOI
10.1186/s13660-019-2243-z