Definition of Contraction Mappings:
Given a metric space S with distance measure d(), and T:S->S mapping
S into itself, T is a contraction mapping if for some b ('b') in the range (0,1), d(Tx,Ty) is less than or equal to
b*d(x,y) for all x and y in S.
One often abbreviates the phrase 'contraction mapping' by saying simply that T
is a contraction.
The function resulting from the applications of a contraction could slope the
opposite way of the original function as long as it is less steeply sloped.
A standard way to prove that an operator T is a contraction is to prove that
it satisfies Blackwell's conditions
(Econterms)
Terms related to Contraction Mappings:
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