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Consider the following optimization set up and notation Now consider the following problem: Let , and for all . Define Graph and show it is

Consider the following optimization set up and notation

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Now consider the following problem:

Let image text in transcribed , and image text in transcribed for all image text in transcribed. Define

image text in transcribed

Graph image text in transcribed and show it is upper hemi continuous. Show where it fails to be lower hemi continuous.

A canonical maximization problem consists of: . a parameter set a choice set X an objective function f :X R a constraint correspondence 1:0 3X a solution correspondence T*0) := arg max f(x,0) xer(O) the maximized value of the objective function f*(0) = max f(x,0) xer(0) X = = f(0,0) = max{2 - (x - 1)2,0 +1-(x - 2)2} A canonical maximization problem consists of: . a parameter set a choice set X an objective function f :X R a constraint correspondence 1:0 3X a solution correspondence T*0) := arg max f(x,0) xer(O) the maximized value of the objective function f*(0) = max f(x,0) xer(0) X = = f(0,0) = max{2 - (x - 1)2,0 +1-(x - 2)2}

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