We show for a certain class of operators A and holomorphic functions f
that the functional calculus A↦f(A) is holomorphic. Using this result
we are able to prove that fractional Laplacians (1+Δg)p depend real
analytically on the metric g in suitable Sobolev topologies. As an
application we obtain local well-posedness of the geodesic equation for
fractional Sobolev metrics on the space of all Riemannian metrics.Comment: 31 page