Non-commutative Characteristic Polynomials and Cohn Localization

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Almkvist proved that for a commutative ring A the characteristic polynomial of an endomorphism α:P \to P of a finitely generated projective A-module determines (P,α) up to extensions. For a non-commutative ring A the generalized characteristic polynomial of an endomophism α: P \to P of a finitely generated projective A-module is defined to be the Whitehead torsion [1-xα] \in K_1(A[[x]]), which is an equivalence class of formal power series with constant coefficient 1. In this paper an example is given of a non-commutative ring A and an endomorphism α:P \to P for which the generalized characteristic polynomial does not determine (P,α) up to extensions. The phenomenon is traced back to the non-injectivity of the natural map Σ^{-1}A[x] \to A[[x]], where Σ^{-1}A[x] is the Cohn localization of A[x] inverting the set Σof matrices in A[x] sent to an invertible matrix by A[x] \to A; x \mapsto 0.
18 pages, LaTeX

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