Abstract
A real valued function defined on a real open interval is called -monotone if, for all with it satisfies where is a given nonnegative error function, where denotes the length of the interval . If and are simultaneously -monotone, then is said to be a -Hölder function. In the main results of the paper, using the notions of upper and lower interpolations, we establish a characterization for both classes of functions. This allows one to construct -monotone and -Hölder functions from elementary ones, which could be termed the building blocks for those classes. In the second part, we deduce Ostrowski- and Hermite--Hadamard-type inequalities from the -monotonicity and -Hölder properties, and then we verify the sharpness of these implications. We also establish implications in the reversed direction.
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