Given any metric space M, Hausdorff defined a new metric space h(M) whose "points" are the non-empty closed and bounded subsets of M. The hierarchy emerges from the following iteration process. Let H(0,M)=M and for each non-negative integer n, let H(n+1,M)=h(H(n,M)). If M is (for example) a finite dimensional Euclidean space or Hilbert space, does this process ever reach a fixed point-in the sense that there exists a non-negative integer k for which the spaces H(k,M) and H(k+1,M) are homeomorphic (or even isometric)? If there is no fixed point in the case of some particular metric space M, is it possible to continue this iteration process into the transfinite?
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