In this paper the zero reaction limit of the hyperbolic conservation law wi
th stiff source term of monostable type
partial derivative (t)u + partial derivative (x)f(u) = 1/epsilon u(1-u)
is studied. Solutions of Cauchy problems of the above equation with initial
value 0 less than or equal to u(0) (x) less than or equal to 1 are proved
to converge, as epsilon --> 0, to piecewise constant functions. The constan
ts are separated by either shocks determined by the Rankine-Hugoniot jump c
ondition, or a non-shock jump discontinuity that moves with speed f'(0). Th
e analytic tool used is the method of generalized characteristics. Sufficie
nt conditions for the existence and non-existence of traveling waves of the
above system with viscosity regularization are given. The reason for the f
ailure to capture the correct shock speed by first order shock capturing sc
hemes when underresolving epsilon >0 is found to originate from the behavio
r of traveling waves of the above system with viscosity regularization.