Abstract
The optimized effective potential method is formulated as a convex minimization problem. This formulation does not require assumptions about -representability nor functional differentiability. The formulation provides a natural framework for fully self-consistent calculations where both a Kohn--Sham system with a non-local potential and an additional system with a local potential are jointly optimized. The formulation is also well suited for extensions to other flavors of density-functional theory, e.g. current-density functional theory, where there are additional potentials besides the ordinary electrostatic potential.
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