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Section 7.1 The Banach Fixed-Point Theorem

The main idea is to solve a fixed-point problem \(x=Tx\) iteratively, i.e., start at some \(x_0\) and build a sequence
\begin{equation*} x_0\in X, \qquad x_{n+1}=T x_n \end{equation*}
and show that \(x_n\) converges to \(x\) in some appropriate sense.
Definition 7.1.1.
Let \((X,d)\) be a metric space and \(M\subset X\text{.}\) A (nonlinear) map \(T:M\to X\) is called
  • \(k\)-contractive if and only if
    \begin{equation*} d(T(x), T(y)) \leq k \; d(x,y), \qquad \mbox{for all }\quad x,y\in M, \qquad 0<k<1, \end{equation*}
  • contractive if and only if
    \begin{equation*} d(T(x) , T(y)) < d(x,y), \qquad \mbox{for all }\quad x,y\in M, \qquad x\neq y. \end{equation*}
The main theorem of this section is:
Consider \(x_0\in M\) and \(x_{n+1}=T x_n\text{.}\) Then
\begin{equation*} d(x_{n+1}, x_n) = d(T(x_n), T(x_{n-1})) \leq k\; d(x_n, x_{n-1}) \leq \cdots\leq k^n d(x_1,x_0). \end{equation*}
and then
\begin{align*} d(x_{n+m}, x_n) \amp\leq \amp d(x_{n+m}, x_{n+m-1}) + d(x_{n+m-1}, x_{n+m-2}) + \cdots + d(x_{n+1}, x_n)\\ \amp\leq \amp \left(k^{n+m-1} + k^{n+m-2} + \cdots + k^n\right)d(x_1, x_0)\\ \amp\leq\amp k^n \sum_{j=0}^{m-1} k^j \; d(x_1, x_0)\\ \amp\leq\amp \frac{k^n}{1-k} d(x_1, x_0)\\ \amp\to\amp 0, \qquad \mbox{for}\qquad n\to\infty. \end{align*}
Hence \(\{x_n\}_n \) is a Cauchy sequence, and since \(X\) is complete, it converges to a point \(x\in X\text{.}\)

Moreover, \(T:M\to M\) and \(M\) is closed, hence the limit \(x\in M\text{.}\) While \(T\) is a \(k\)-contraction, it is also continuous, hence \(T(x)=x\) and \(x\) is a fixed point.

To show uniqueness, we assume there is another fixed point \(y\in M\text{.}\) Then
\begin{equation*} d(x,y) = d(T(x), T(y) ) \leq k\; d(x,y) \end{equation*}
and \(k<1\text{,}\) hence \(d(x,y)=0\text{,}\) and we find \(x=y\text{.}\)
[Ordinary differential equations] Arguably, the most known application of the Banach Fixed Point Theorem TheoremĀ 7.1.2 is the Theorem of Picard and Lindel\"off to solve ordinary differential equations. We invite the readers to consult standard text books on ODEs \cite{perko}.