Statistics Colloquium

THE DEPARTMENT OF MATHEMATICAL SCIENCES AND
THE CENTER FOR APPLIED MATHEMATICS AND STATISTICS,
NEW JERSEY INSTITUTE OF TECHNOLOGY

2:30 PM
Wednesday, November 13, 2002

Cullimore Hall Room 111
New Jersey Institute of Technology





John Tavantzis

Department of Mathematical Sciences
New Jersey Institute of Technology

" Solving Variational Inequalities (VI) Problems Using the Barrier Method with a Parking Equilibrium Example "

The variational inequality VI problem, is to find an x* belonging to a feasible region F, a subset of R^n, which satisfies the inequality f(x*)(x-x*)>=0 for all x in F, where f is a vector valued function from R^n into R^n. Many applied equilibrium problems can be formulated in this manner including ones that arise in transportation. A general formulation will be presented as well as a method to find these equilibriums numerically. The method will use barrier functions. A parking model will be used for illustration.