Abstract
A least‐squares variational procedure for first‐order systems of differential equations and an approximate formulation based on finite elements are developed. Error estimates, a condition number bound and analysis of weighting factors are given. Steepest descent and conjugate gradient solution procedures are examined, and an appropriate preconditioner constructed which is demonstrated to yield rapid convergence and to be insensitive to problem size. Numerical studies of rates of convergence for a test problem are given.

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