The variational inequality problem (VIP) is considered here. We present a general algorithmic scheme which employs projections onto hyperplanes that separate balls from the feasible set of the VIP instead of projections onto the feasible set itself. Our algorithmic scheme includes the classical projection method and Fukushima's subgradient projection method as special cases.
Technical report: July 2, 2008. Revised: August 19, 2008. Journal of Nonlinear and Convex Analysis, accepted for publication.