Abstract

In this paper, we introduce and study a new class of variational inequalities, which are called multivalued variational inequalities. These variational inequalities include as special cases, the previously known classes of variational inequalities. Using projection techniques, we show that multivalued variational inequalities are equivalent to fixed point problems and Wiener-Hopf equations. These alternate formulations are used to suggest a number of iterative algorithms for solving multivalued variational inequalities. We also consider the auxiliary principle technique to study the existence of a solution of multivalued variational inequalities and suggest a novel iterative algorithm. In addition, we have shown that the auxiliary principle technique can be used to find the equivalent differentiable optimization problems for multivalued variational inequalities. Convergence analysis is also discussed.