INTERIOR PENALTY PRECONDITIONERS FOR MIXED FINITE ELEMENT APPROXIMATIONS OF ELLIPTIC PROBLEMS TORGEIR RUSTEN, PANAYOT S. VASSILEVSKI, AND RAGNAR WINTHER Abstract The purpose of this talk is to discuss the construction of preconditioners for the discrete problems arising from mixed finite element discretizations of second order elliptic boundary value problems. It is necesarry to build a preconditioner for a nonconforming, nonlocal discretization of the second order elliptic equation. The main observation is that, under suitable assumptions, there is a spectral equivalence between a local operator arising from an interior penalty method studied by Arnold and the above mentioned nonlocal operator. Hence, any reasonable preconditioner for the interior penalty operator is also a suitable preconditioner for the corresponding mixed system. As an example of this approach we will use the interior penalty method to build additive Schwarz and multigrid preconditioners for the mixed system. SINTEF, P. O. Box 124 Blindern, N-0314 Oslo, Norway. E-mail address: Torgeir.Rusten@si.sintef.no Center of Informatics and Computer Technology, Bulgarian A cademy of Sciences, "Acad. G. Bontchev" street, Block 25 A, 1113 Sofia, Bulgaria E-mail address: panayot@bgearn.bitnet Department of Informatics, University of Oslo, P. O. Box 1080 Blindern, N-0316 Oslo, Norway. E-mail address: Ragnar.Winther@ifi.uio.no 1991 Mathematics Subject Classification. 65F10, 65N20, 65N30. Key words and phrases. second order elliptic problems, mixed finite elements, interior penalty method, domain decomposition. The work of all authors was partially supported by The Research Council of Norway (NFR), program no. 100998/420 and STP .29643. The work of the second author was also partially supported by Bulgarian Ministry for Science and Education under grant MM-91#78.