Piecewise Smoothness, Local Invertibility, and Parametric Analysis of Normal Maps

Published Online:https://doi.org/10.1287/moor.21.2.401

This paper is concerned with properties of the Euclidean projection map onto a convex set defined by finitely many smooth, convex inequalities and affine equalities. Under a constant rank constraint qualification, we show that the projection map is piecewise smooth (PC1) hence B(ouligand)-differentiable, or directionally differentiable; and a relatively simple formula is given for the B-derivative. These properties of the projection map are used to obtain inverse and implicit function theorems for associated normal maps, using a new characterization of invertibility of a PC1 function in terms of its B-derivative. An extension of the implicit function theorem which does not require local uniqueness is also presented. Degree theory plays a major role in the analysis of both the locally unique case and its extension.

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