Representations of algebras as universal localizations
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Every finitely presented algebra S is shown to be Morita equivalent to the universal localization σ^{-1}R of a finite dimensional algebra R. The construction provides many examples of universal localizations which are not stably flat, i.e. Tor^R_i(σ^{-1}R,σ^{-1}R) is non-zero for some i>0. It is also shown that there is no algorithm to determine if two Malcolmson normal forms represent the same element of σ^{-1}R.
v2 (minor revision of v1). 15 pages, LATEX, to be published in the Mathematical Proceedings of the Cambridge Philosophical Society
v2 (minor revision of v1). 15 pages, LATEX, to be published in the Mathematical Proceedings of the Cambridge Philosophical Society