Definition. Let be a metric space. is called a contraction mapping on , if it is Lipschitz continuous with constant .
Theorem (Banach fixed-point theorem). Let be a non-empty, complete metric space, a contraction mapping with Lipschitz constant . Then admits an unique fixed point in . (i.e. )
Proof. First, we prove existence. Let be an arbitrary point, let . We may assume . Thus, .
It follows that such that , we have , therefore .
Then, is Cauchy. We may assume is complete, therefore is convergent. . Since is Lipschitz, it is continuous, therefore .
Now, we prove uniqueness. Let and . The sequences converge to fixed points respectively, as shown above. Since is Lipschitz, . If , then , which is a contradiction, therefore , hence .