A new class of composition operators.
In this paper a new class of self-mappings on metric spaces, which satisfy the nonexpensive type condition (3) below is introduced and investigated. The main result is that such mappings have a unique fixed point. Also, a remetrization theorem, which is converse to Banach contraction principle is given.
A new Kantorovich-type convergence theorem for Newton's method is established for approximating a locally unique solution of an equation F(x)=0 defined on a Banach space. It is assumed that the operator F is twice Fréchet differentiable, and that F', F'' satisfy Lipschitz conditions. Our convergence condition differs from earlier ones and therefore it has theoretical and practical value.