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Contraction Mapping

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Definition
StochasticControl

Let X\mathbb{X} be a Banach Space, if T:XXT:\mathbb{X}\to \mathbb{X} is such that T(x)T(y)ρxy, ρ[0,1)\|T(x)-T(y)\|\le\rho\|x-y\|, \ \rho\in[0,1) then TT is a Contraction Mapping.

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