Convergence analysis of pseudo-transient continuation

Pseudo-transient continuation (Psi tc) is a well-known and physically motivated technique for computation of steady state solutions of time-dependent partial differential equations. Standard globalization strategies such as line search or trust region methods often stagnate at local minima. Psi tc succeeds in many of these cases by taking advantage of the underlying PDE structure of the problem. Though widely employed, the convergence of Psi tc is rarely discussed. In this paper we prove convergence for a generic form of Psi tc and illustrate it with two practical strategies.