Let the matrix $$\Gamma = \alpha A + (1-\alpha)B$$ where $B$ is a square symmetric matrix, $A = c\ ee'$, where $e$ is a vector of ones, and $c$ a positive constant and $0 < \alpha < 1$.
The Hadamard inverse is defined as $$[\Gamma^{\circ(-1)}]_{ij} = 1/[\Gamma]_{ij} $$ (e.g. Reams).
Is there a linear decomposition of $\Gamma^{\circ(-1)}$ in terms of $A$ and $B$, assuming that $\Gamma^{\circ(-1)}$ is well defined?
Ideally, I am looking for a solution of the form $$\Gamma^{\circ(-1)}= a A^{\circ(-1)} + bB^{\circ(-1)}$$.
with $a$ and $b$ being some function of $\alpha$, $A$ and $B$.
Do a simple example, and you will see that a linear combination of $A^{\circ(-1)}$ and $B^{\circ(-1)}$ does not suffice. The first one that comes to my mind: $\alpha=\frac12$ and $$ A=\pmatrix{1&1\\1&1}, \quad B=\pmatrix{1&1/2\\1/3&1/4}; $$ now $$ \Gamma=\pmatrix{1&3/4\\2/3&5/8}=\frac1{24}\pmatrix{24&18\\16&15} $$ and as you can easily verify this is not a linear combination of $$ A^{\circ(-1)}=\pmatrix{1&1\\1&1}\text{ and } \quad B^{\circ(-1)}=\pmatrix{1&2\\3&4}. $$