Spectral radius of the Volterra operator

Hint 1. Prove by induction that $$ A^n(f)(x)=\int\limits_0^x f(s)\frac{(x-s)^{n-1}}{(n-1)!}ds\tag{1} $$ Hint 2. Given $(1)$ show that $$ \Vert A^n\Vert\leq\frac{1}{(n-1)!} $$ Hint 3. To compute $\rho(A)$ recall the following Stirling's approximation $$ N!\approx\left(\frac{N}{e}\right)^N\sqrt{2\pi N} $$

Below I will try to follow Norbert's hints:

Hint 1.

Let's go from $n=2$ to $n=3$ to check the formula.

$$A^2f(x)=\int_0^x f(s)(x-s) ds$$

Then \begin{eqnarray*} A^3f(x) &=& \int_0^x\int_0^tf(s)(t-s)ds dt\\ &=&\int_0^1 \int_0^1 \chi_{[0,x]}(t)\chi_{[0,t]}(s)f(s)(t-s) ds dt \\ &\stackrel{*}{=}& \int_0^1f(s)\chi_{[0,x]}(s)\int_0^1\chi_{[s,x]}(t)(t-s)dt ds\\ &=& \int_0^xf(s)(\frac{x^2}{2}-sx+\frac{s^2}{2})ds \\ &=&\int_0^xf(s)\frac{(x-s)^2}{2}ds \end{eqnarray*} where $\chi_{B}(\cdot)$ is the characteristic function of a set $B$ and at * I have used $\chi_{[0,x]}(t)\chi_{[0,t]}(s)=\chi_{[0,x]}(s)\chi_{[s,x]}(t)$ and Fubini to exchange order of integrals.

Hint 2.

\begin{eqnarray*} \|A^nf\|_2^2 &=& \int_0^1 \left| \int_0^x f(s) \frac{(x-s)^n}{(n-1)!}ds \right|^2 dx \\ &\leq& \left( \frac{1}{(n-1)!} \right)^2\|f\|_2^2 \end{eqnarray*} since $|(x-s)^n|\leq 1$ for $s \in [0,x]$, $x \leq1$.

Hint 3.

$$\|A^n\|^{1/n}\leq \left( \frac{1}{(n-1)!} \right)^{1/n} \rightarrow 0$$ since $$(n-1)!^{1/n} \geq (\sqrt{2\pi})^{1/n}(n-1)^{1-\frac{1}{2n}}e^{-1+\frac{1}{n}} \rightarrow \infty \text{.}$$ In this last step the following lower bound is used: $$n! \geq \sqrt{2\pi}n^{n+\frac{1}{2}}e^{-n} $$

Conclusion

The spectral radius of the Volterra operator is $0$.