Consider the differential equation \[ \frac {dx}{dt}=f(x,t),\quad x\in \mathbb {R}^n, \] with initial condition \(x(0)=x_0\).
- State a theorem, with conditions on \(f(x,t)\), guaranteeing the existence and uniqueness of solutions of the differential equation on some interval \(0<t<T_0\).
- Outline the proof of your theorem, indicating the main steps of the proof (without all the details), indicating where your stated assumptions on \(f(x,t)\) are invoked. What are Picard iterates and how do they play a role in your proof?