A proximal bundle variant with optimal iteration-complexity for a large range of prox stepsizes

This paper presents a proximal bundle variant, namely, the relaxed proximal bundle (RPB) method, for solving convex nonsmooth composite optimization problems. Like other proximal bundle variants, RPB solves a sequence of prox bundle subproblems whose objective functions are regularized composite cutting-plane models. Moreover, RPB uses a novel condition to decide whether to perform a serious … Read more