Problem

Source: Irish Mathematical Olympiad 2023 Problem 4

Tags: function, algebra, functional equation



Find all functions $f:\mathbb{R} \rightarrow \mathbb{R}$ with the property that $$f(x)f(y) = (xy - 1)^2f\left(\frac{x + y - 1}{xy - 1}\right)$$ for all real numbers $x, y$ with $xy \neq 1$.