I am having issues understanding the definition of variational inequalities. We have the following definition:
Given a set $X \subset \mathcal{R}^n$ and a mapping $F: X \rightarrow \mathcal{R}^n$ a variational inequality problem consists of finding $x^*$ such that
$$
(x-x^* )^T F(x^*) \geq 0 \quad \quad \forall x \in X$$
If X is closed and F continous then the solution to VI(X,F) is a closed set.
What exactly does this mean? And what can it be used to?
I have a course in operations research and we just had about the KKT conditions and now we are learning about variational inequalities and complementarity problems.. however I cannot see the connection between these.
Hope someone can help
- Husky
