The proof of Schauder's fixed point theorem we saw in class was, sadly, incomplete, as the approximating functions defined on the finite dimensional convex sets were not well defined. Here is a correct proof of the theorem. Theorem (Schauder). Let $latex V$ be a compact convex subset of the Banach space $latex X$ and $latex f:V\to V$ continuous. Then $latex f$ has a fixed point. Proof. For a given $latex n\in\Z_+$, let $latex x_1, \ldots, x_k\in V$ be such that $latex \displaystyle V\subset\bigcup_i^k B_{1/n}(x_i)$. Such $latex x_i$ exist because $latex V$ is compact. Define, for each $latex i$, the functions $latex \lambda_i:V\to\R$ by $latex \lambda_i(x) = \begin{cases}1/n-||x_i - x||& x\in B_{1/n}(x_i)\\0 & \text{otherwise.}\end{cases}$ The functions $latex \lambda_i$ are continuous and $latex \sum_i \lambda_i(x)\not=0$ for every $latex x\in V$. Thus, if we define $latex \pi_n(x) = \dfrac{\sum \lambda_i(x)x_i}{\sum\lambda_i(x)}$, $latex \pi_n$ maps $latex V$ into the ...