Using Banach's Fixed Point Theorem, show that the following system has at least one solution:
Here is what I have tried:
Consider the function defined by
and show that it has a fixed point. If it does, then that fixed point is clearly a solution to our system.
I used the standard Euclidean distance between two points and attempted to show that
In doing so, I greatly struggle to manipulate the left-hand side so that it is clearly less than or equal to the right-hand side of the inequality above. I tremendously appreciate any advice, and if there is a smarter way to approach this, I appreciate any hints you are willing to offer.