The Banach Fixed Point Theorem is a very good example of the sort of theorem that the author of this quote would approve. The theorem and proof:
Tell us that under a certain condition there is a unique fixed point.
Tell us that the fixed point is the limit of a certain computable sequence.
Give us an estimate of how close each term of the sequence is to the fixed point.
Given a Metric Space, a function is said to be a contraction mapping if there is a constant with such that for all
.
Let be a complete metric space then every contraction has a unique fixed point.
Proof:
That the fixed point is unique follows from the observation that if and
then , but so 0or
To show that a fixed point exists, pick any . Setting we define a sequence by setting
Rewriting the contraction formula we have
or
Finally, assuming n m
or
and since 1
*
Thus is Cauchy. Moreover we can use * to estimate the limit.
There are any number of important applications of The Banach Fixed Point Theorem. The text discusses one. Unfortunately, we will not have time to discuss any of them this semester. The following example, is just meant to give a taste of how the theorem is used.
Let with the standard metric. Let
Since
on
It is indeed the case that for any we have 0.
Note that on , also has a unique fixed point.