Non-linear ground state representations and sharp Hardy inequalities

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We determine the sharp constant in the Hardy inequality for fractional Sobolev spaces. To do so, we develop a non-linear and non-local version of the ground state representation, which even yields a remainder term. From the sharp Hardy inequality we deduce the sharp constant in a Sobolev embedding which is optimal in the Lorentz scale. In the appendix, we characterize the cases of equality in the rearrangement inequality in fractional Sobolev spaces.
AMSLaTeX, 22 pages; extension of the result to the case N<ps

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