  The inverse problem of electrical impedance tomography is severely ill-posed,
meaning that, only limited information about the conductivity can in practice
be recovered from boundary measurements of electric current and voltage.
Recently it was shown that a simple monotonicity property of the related
Neumann-to-Dirichlet map can be used to characterize shapes of inhomogeneities
in a known background conductivity. In this paper we formulate a
monotonicity-based shape reconstruction scheme that applies to approximative
measurement models, and regularizes against noise and modelling error. We
demonstrate that for admissible choices of regularization parameters the
inhomogeneities are detected, and under reasonable assumptions, asymptotically
exactly characterized. Moreover, we rigorously associate this result with the
complete electrode model, and describe how a computationally cheap
monotonicity-based reconstruction algorithm can be implemented. Numerical
reconstructions from both simulated and real-life measurement data are
presented.

Analysis of PDEs