“…Although other parametric problems sometimes occur (see, for example, Pang, Kaneko, & Hallman, 1979), problems of the form (5.1) are by far the most common. Classes of such problems occur in, for example, the fields of portfolio analysis (see Markowitz, 1952), structural engineering (see Maier, 1970), and multiple criterion decision processes (see Rhode & Weber, 1984). Suppose we have found a local solution x for the value t = 1 e [t ,i), that the components jcpx of JC are contained in / and fixed at one of the bounds (5.1c), and that K{1) satisfies SOC.…”