Palais’ Proof of Banach’s Fixed Point Theorem The following short proof of Banach’s Fixed Point Theorem was given by Richard S. Palais in 2007; see [1]. Theorem. Suppose that (X, d) is a complete metric space. Then every contraction F on X has a uniquely determined fixed point. Proof. Let α denote the contraction constant of F . Then, according to the triangle inequality, d(x1 , x2 ) ≤ d(x1 , F (x1 )) + d(F (x1 ), F (x2 )) + d(x2 , F (x2 )) ≤ d(x1 , F (x1 )) + αd(x1 , x2 ) + d(x2 , F (x2 )), which means that d(x1 , x2 ) ≤ d(x1 , F (x1 )) + d(x2 , F (x2 )) 1−α (1) for all points x1 , x2 ∈ X. This inequality immediately implies that F cannot have more than one fixed point. Let F n denote the composition of F with itself n times. It is easy to show that F n is a contraction with contraction constant αn . If we now apply (1) to the points x1 = F m (x0 ) and x2 = F n (x0 ), where x0 ∈ X is arbitrary, we obtain that d(F m (x0 ), F m (F (x0 ))) + d(F n (x0 ), F n (F (x0 ))) 1−α αm + αn d(x0 , F (x0 )). ≤ 1−α d(F m (x0 ), F n (x0 )) ≤ Since 0 ≤ α < 1, this implies that the sequence (F n (x0 ))∞ n=1 is a Cauchy sequence and therefore that F n (x0 ) → x for some x ∈ X. Finally, because F is continuous, F (x) = F ( lim F n (x0 )) = lim F n+1 (x0 ) = x, n→∞ n→∞ so x is a fixed point of F . References [1] Richard S. Palais, A simple proof of the Banach contraction principle, J. fixed point theory appl. 2 (2007), 221–223.
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