Let $(X,d)$ be a metric space and $f:X\to X$ a mapping on $X$.
$\textbf{Definition:}$ The mapping $f$ is said to be pointwise contractive if $\forall x\in X,$ there exists $\lambda_x\in [0,1)$ and an open neighborhood $U_x\subseteq X$ of $x$ s.t. $$d(f(x),f(y))\leq \lambda_x d(x,y)$$ for all $y\in U_x$.
How to prove that $f:\mathbb{R}\to \mathbb{R}, f(x)=\frac{1}{2}(x+\sqrt{x^2+1})$ is pointwise contractive mapping on the euclidean space?
If $f$ is a $C^1$ function and $|f'(x)| < 1$ for every $x\in\mathbb{R}$, then a simple application of the mean value theorem shows that $f$ is a pointwise contraction.
Namely, let $x\in\mathbb{R}$, let $\delta>0$ and let $U_x := (x-\delta, x+\delta)$. Since $f\in C^1$ and $|f'| < 1$, we have that $$ \lambda_x := \max_{y\in [x-\delta, x+\delta]} |f'(y)| < 1 $$ and, by the mean value theorem, $$ |f(x) - f(y)| \leq \lambda_x |x-y| \qquad \forall y\in U_x. $$