Generalized Lipschitz functions (Q5915349)

The aim of the reviewing article is to extend the concept of Lipschitz functions in such a way that it include nondecreasing functions and functions with bounded (below) derivatives. Jouini introduces such a general concept and proves that every bounded subset of generalized Lipschitz functions is relatively compact. More precisely, let \(Q\) be a cone with vertex \(0\) in \({\mathbb R}^n\times {\mathbb R}\) which has a non-empty interior and \(K\) be a subset of \({\mathbb R}^n\). Denote by \(\text{Lip}^M(Q,K)\) (with \(M\) in \({\mathbb R}\cup \{+\infty\}\)) the set of all \(Q\)-Lipschitz functions on \(K\) bounded by \(M\). Jouini defines a \(\delta\)-topology on \(\text{Lip}^M(Q,K)\) (such that \(\delta\)-convergence implies \(L_1\)-convergence) and proves that if \(M<+\infty\), then \(\text{Lip}^M(Q,K)\) is compact in the \(\delta\)-topology. Then the author applies the result to establish the existence of solutions for certain class of differential equations.