Smooth exact penalty functions: a general approach (Q279837): Difference between revisions

The aim of this article is to present a new perspective on the method of smooth exact penalty functions. This perspective allows one to apply previously unused tools (namely, parametric optimization) to the study and construction of smooth exact penalty functions. It essentially simplifies the proof of exactness of these functions. New necessary and sufficient conditions for a smooth penalty function to be globally exact are given, too.