TITLE: Do endomorphisms of infinite-dimensional vector spaces over algebraically closed fields always have eigenvalues?
QUESTION [6 upvotes]: Let $V$ be a vector space over an algebraically closed field $K$ and let $f:V\to V$ be an endomorphism. If $V$ is finite-dimensional, we know that the characteristic polynomial $\chi_f$ has a zero $\lambda$, which is an eigenvalue of $f$. However, does a similar argument hold if $\dim V=\infty$?

REPLY [7 votes]: The answer is no. Consider the space of infinite real sequences and let $T(x)=(0,x_1,x_2,\dots)$. Suppose $T(x)=\lambda x$. 
If $\lambda=0$, then $x$ has to be zero, so $0$ is not an eigenvalue. 
If $\lambda \neq 0$, then $0=\lambda x_1$, so $x_1=0$, but then $x_1=0=\lambda x_2$. Continuing by induction we again conclude that $x=0$. So $\lambda$ is not an eigenvalue either.
So $T$ has no eigenvalues.
Note that there is no contradiction with the finite dimensional case, because the finite dimensional analogue of this "forward shift" operator must necessarily "forget" about $x_n$, which means that $(0,0,\dots,1)$ will be an eigenvector with eigenvalue zero.

REPLY [4 votes]: No, the shift homomorphism  defined on $(e_1,...,e_n,...)$ by $f(e_i)=e_{i+1}$ does not have an eigenvalue.