Existence and Uniqueness of a Fixed-Point for Local Contractions
AUTOR(ES)
Vailakis, Yiannis
DATA DE PUBLICAÇÃO
15/05/2008
RESUMO
This paper proves the existence and uniqueness of a fixed-point for local contractions without assuming the family of contraction coefficients to be uniformly bounded away from 1. More importantly it shows how this fixed-point result can apply to study existence and uniqueness of solutions to some recursive equations that arise in economic dynamics.
ASSUNTO(S)
local contraction fixed-point theorem
ACESSO AO ARTIGO
http://hdl.handle.net/10438/1620Documentos Relacionados
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