Preconditioning of discrete state- and control-constrained optimal control convection-diffusion problems

We consider the iterative solution of algebraic systems, arising in optimal control problems constrained by a partial differential equation with additional box constraints on the state and the control variables, and sparsity imposed on the control. A nonsymmetric two-by-two block preconditioner is analysed and tested for a wide range of problem, regularization and discretization parameters. The constraint equation characterizes convection-diffusion processes.