%0 Journal Article %T The proximal point algorithm in metric spaces %A Miroslav Bacak %J Mathematics %D 2012 %I arXiv %X The proximal point algorithm, which is a well-known tool for finding minima of convex functions, is generalized from the classical Hilbert space framework into a nonlinear setting, namely, geodesic metric spaces of nonpositive curvature. We prove that the sequence generated by the proximal point algorithm weakly converges to a minimizer, and also discuss a related question: convergence of the gradient flow. %U http://arxiv.org/abs/1206.7074v1