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The principle of least action in the space of Kähler potentials

Given a compact Kähler manifold, the space $\mathcal H$ of its (relative) Kähler potentials is an infinite dimensional Fréchet manifold, on which Mabuchi and Semmes have introduced a natural connection $\nabla$. We study certain Lagrangians on $T\mathcal H$, in particular Finsler metrics, that are parallel with respect to the connection. We show that geodesics of $\nabla$ are paths of least action; under suitable conditions the converse also holds; and prove a certain convexity property of the least action. This generalizes earlier results of Calabi, Chen, and Darvas.