Abstract
We propose a unified framework to study various versions of Dinkelbach-type algorithms for solving the generalized fractional programming problem. Classical algorithms used carefully selected iterate points and incorporated subtle convergence proofs. Our generic algorithm, however, is natural and simple. Moreover, the convergence analysis can be carried out through geometric observations and fundamental properties of convex functions. Consequently, the classical results are either refined or strengthened with new insights.
Similar content being viewed by others
References
von Neumann, J.: A model of general economic equilibrium. Rev. Econ. Stud. 13, 1–9 (1945)
Almogy, Y., Levin, O.: A class of fractional programming problems. Oper. Res. 19, 57–67 (1971)
Colantoni, C.S., Manes, R.P., Whinston, A.: Programming, profit rates, and pricing decisions. Account. Rev. 44, 467–481 (1969)
Floudas, C.A., Pardalos, P.M.: Recent Advances in Global Optimization. Princeton University Press, Princeton (1992)
Kanchan, P.K., Holland, A.S.B., Sahney, B.N.: Transportation techniques in linear-plus-fractional programming. Cah. Cent. Étud. Rech. Opér. 23(2), 153–157 (1981)
Konno, H., Inori, M.: Bond portfolio optimization by bilinear fractional programming. J. Oper. Res. Soc. Jpn. 32, 143–158 (1989)
Konno, H., Watanabe, H.: Bond portfolio optimization problems and their application to index tracking: a partial optimization approach. J. Oper. Res. Soc. Jpn. 39, 295–306 (1996)
Schaible, S.: Fractional programming. In: Horst, R., Pardalos, P.M. (eds.) Handbook of Global Optimization, pp. 495–608. Kluwer Academic, Dordrecht (1995)
Stancu-Minasian, I.M.: Applications of the fractional programming. Econ. Comput. Econ. Cybern. Stud. Res. 1, 69–86 (1980)
Crouzeix, J.P., Ferland, J.A., Schaible, S.: An algorithm for generalized fractional programs. J. Optim. Theory Appl. 47(1), 35–49 (1985)
Bernard, J.C., Ferland, J.A.: Convergence of interval-type algorithms for generalized fractional programming. Math. Program. A 43(3), 349–363 (1989)
Barros, A.I., Frenk, J.B.G., Schaible, S., Zhang, S.: A new algorithm for generalized fractional programs. Math. Program. A 72(2), 147–175 (1996)
Crouzeix, J.P., Ferland, J.A.: Algorithms for generalized fractional programming. Math. Program. 52B(2), 191–207 (1991)
Rockafellar, R.T.: Convex Analysis. Princeton University Press, Princeton (1970)
Ferland, J.A., Potvin, J.Y.: Generalized fractional programming: algorithms and numerical experimentation. Eur. J. Oper. Res. 20(1), 92–101 (1985)
Sion, M.: On general minimax theorems. Pac. J. Math. 8, 171–176 (1958)
Dem’yanov, V.F., Malozemov, V.N.: Introduction to Minimax. Wiley, New York (1974)
Ben-Tal, A., Teboulle, M.: A smoothing technique for nondifferentiable optimization problems. In: Morel, J.M., Takens, F., Teissier, B. (eds.) Optimization, Varetz, 1988. Lecture Notes in Mathematics, vol. 1405, pp. 1–11. Springer, Berlin (1989)
Bertsekas, D.P.: Approximation procedures based on the method of multipliers. J. Optim. Theory Appl. 23, 487–510 (1977)
Sheu, R.L., Lin, J.Y.: Solving continuous min-max problems by an iterative entropic regularization method. J. Optim. Theory Appl. 121(3), 597–612 (2004)
Lin, J.Y., Sheu, R.L.: Modified Dinkelbach-type algorithm for generalized fractional programs with infinitely many ratios. J. Optim. Theory Appl. 126(2), 323–343 (2005)
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
About this article
Cite this article
Chen, H.J., Schaible, S. & Sheu, R.L. Generic Algorithm for Generalized Fractional Programming. J Optim Theory Appl 141, 93–105 (2009). https://doi.org/10.1007/s10957-008-9499-7
Published:
Issue Date:
DOI: https://doi.org/10.1007/s10957-008-9499-7