A globally convergent Newton method for solving strongly monotone variational inequalities (Q2367916)

In recent years it has been shown by many research workers including the second author [Math. Program., Ser. A 53, No. 1, 99-110 (1992; Zbl 0756.90081)] and the reviewer [J. Optimization Theory Appl. 73, 409-413 (1992)] that asymmetric variational inequality problems are equivalent to a differentiable optimization problem. In this paper, the authors propose another modification of Newton's method for solving the equivalent differentiable problems. It is shown that the modified method is globally convergent and the rate of convergence is quadratic. Numerical examples are given to demonstrate the high efficiency of the proposed method.