In the framework of the "principle of the fermionic projector" the following variational principle was proposed, where the "Langrangian" is given by Here~ is the fermionic projector, denotes the points of discrete space-time, is a Lagrangian multiplier and~ is the so-called spectral weight. The purpose of the talk is to motivate this variational principle and to explain some analytical aspects. In particular, I want to work out in which sense the vacuum is a stable minimizer of this variational principle. The talk is intended for analysts, no knowledge about mathematical physics is required.