Problem: Consider the map \[ f:[1,\infty ) \to [1,\infty ),~ x \mapsto x + \frac{1}{x}. \] Show that \[ \left\vert f(x) - f(y) \right\vert \lt \left\vert x - y \right\vert,~\text{for all } x \neq y. \] Does $f$ have any fixed points? Why does not it contradict to the contraction mapping theorem?
Solution: Note that for any $x\neq y$,
\begin{align*}
\left\vert f(x) - f(y) \right\vert & = \left\vert x+\frac{1}{x} - y -\frac{1}{y} \right\vert \\[1ex]
& = \left\vert x-y + \frac{1}{x} - \frac{1}{y} \right\vert \\[1ex]
& = \left\vert (x-y) + \left( \frac{y-x}{xy} \right) \right\vert \\[1ex]
& = \left\vert (x-y)\left( 1-\frac{1}{xy} \right) \right\vert \\[1ex]
& = \vert x-y \vert \left\vert 1 - \frac{1}{xy} \right\vert.
\end{align*}
As $x\neq y$ and $x,y\geq 1$ so we have
\[
xy \gt 1 \implies 1-\frac{1}{xy} \lt 1.
\]
Hence, we have
\[
\vert f(x) - f(y) \vert = \vert x-y \vert \left\vert 1 - \frac{1}{xy} \right\vert
lt \vert x-y \vert .
\]
Observe that $f$ does not have a fixed point. If
\[
f(x) = x \implies x + \frac{1}{x} = x \implies \frac{1}{x} = 0,
\]
not possible. Hence $f$ does not have a fixed point.
We recall the contraction mapping theorem:
Note that in the theorem $k \lt 1$, but we showed that the $|f(x)-f(y)| \lt \vert x-y \vert $, which does not satisfy the hypothesis of the contraction mapping theorem and hence, it does not contradict the contraction mapping theorem.