We study the sensitivity of the optimal value and optimal solutions of perturbed optimization problems in two cases. The first one is when multipliers exist but only the weak (and not the strong) second-order sufficient optimalily condition is satisfied. The second case is when no Lagrange multipliers exist. To deal with these pathological cases, we are led to introduce a directional constraint qualification stronger than in part I of this paper, which reduces to the latter in the important case of equality-inequality constrained problems. We give sharp upper estimates of the cost based on paths varying as the square root of the perturbation parameter and, under a no-gap condition, obtain the first term of the expansion for the cost. When multipliers exist we study the expansion of approximate solutions as well. We show in the appendix that the strong directional constraint qualification is satisfied for a large class of probtems, including regular problems in the sense of Robinson.
- Approximate solutions
- Directional constraint qualification
- Marginal function
- Sensitivity analysis
- Square root expansion