Toehold purchase, defined here as purchase of one share in a firm by an
investor preparing a tender offer to acquire majority of shares in it, reduces
by one the number of shares this investor needs for majority. In the paper we
construct mathematical models for the toehold and no-toehold strategies and
compare the expected profits of the investor and the probabilities of takeover
the firm in both strategies. It turns out that the expected profits of the
investor in both strategies coincide.
This is the list of open problems in topological algebra posed on the
conference dedicated to the 20th anniversary of the Chair of Algebra and
Topology of Lviv National University, that was held on 28 September 2001.
We prove that each coarsely homogenous separable metric space $X$ is coarsely
equivalent to one of the spaces: the sigleton, the Cantor macro-cube or the
Baire macro-space.
A topological group $G$ is called an $M_\omega$-group if it admits a
countable cover $\K$ by closed metrizable subspaces of $G$ such that a subset
$U$ of $G$ is open in $G$ if and only if $U\cap K$ is open in $K$ for every
$K\in\K$. It is shown that any two non-metrizable uncountable separable
zero-dimenisional $M_\omega$-groups are homeomorphic.
We answer several questions of I.Protasov and E.Zelenyuk concerning
topologies on groups determined by T-sequences. A special attention is paid to
studying the operation of supremum of two group topologies.
For a topological monoid S the dual inverse monoid is the topological monoid
of all identity preserving homomorphisms from S to the circle with attached
zero. A topological monoid S is defined to be reflexive if the canonical
homomorphism from S to its second dual inverse monoid is a topological
isomorphism. We prove that a (compact or discrete) topological inverse monoid S
is reflexive (if and) only if S is abelian and the idempotent semilattice of S
is zero-dimensional. For a discrete (resp. compact) topological monoid its dual
inverse monoid is compact (resp. discrete).
We prove that a monomorphic functor $F:Comp\to Comp$ with finite supports is
epimorphic, continuous, and its maximal $\emptyset$-modification $F^\circ$
preserves intersections. This implies that a monomorphic functor $F:Comp\to
Comp$ of finite degree $deg F\le n$ preserves (finite-dimensional) compact
ANR's if the spaces $F\emptyset$, $F^\circ\emptyset$, and $Fn$ are
finite-dimensional ANR's. This improves a known result of Basmanov.
Let X be a locally compact Polish space and G a non-discrete Polish ANR
group. By C(X,G), we denote the topological group of all continuous maps f:X
\to G endowed with the Whitney (graph) topology and by C_c(X,G) the subgroup
consisting of all maps with compact support. It is known that if X is compact
and non-discrete then the space C(X,G) is an l_2-manifold.
We prove that for a complete quasivariety $K$ of topological $E$-algebras of
countable discrete signature $E$ and each submetrizable $ANR(k_\omega)$-space
$X$ its free topological $E$-algebra $F_K(X)$ in the class $K$ is a
submetrizable $ANR(k_\omega)$-space.
We survey some properties of homotopical and homological $Z_n$-sets in
topological spaces.
The book is devoted to constructing embedding finite-dimensional maps into
trivial bundles and investigating the corresponding general position
properties.
A metric space $M$ us said to have the fibered approximation property in
dimension $n$ (br., $M\in \mathrm{FAP}(n)$) if for any $\epsilon>0$, $m\geq 0$
and any map $g: I^m\times I^n\to M$ there exists a map $g':I^m\times I^n\to M$
such that $g'$ is $\epsilon$-homotopic to $g$ and $\dim g'\big(\{z\}\times
I^n\big)\leq n$ for all $z\in I^m$. The class of spaces having the
$\mathrm{FAP}(n)$-property is investigated in this paper. The main theorems are
applied to obtain generalizations of some results due to Uspenskij and
Tuncali-Valov.
Given a continuous monadic functor T in the category of Tychonov spaces for
each discrete topological semigroup X we extend the semigroup operation of X to
a right-topological semigroup operation on TX whose topological center contains
the dense subsemigroup of all elements of TX that have finite support.
We study algebraic and topological properties of topological semigroups
containing a copy of the bicyclic semigroup C(p,q). We prove that each
topological semigroup S with pseudocompact square contains no dense copy of
C(p,q). On the other hand, we construct a (consistent) example of a
pseudocompact (countably compact) Tychonov semigroup containing a copy of
C(p,q).
In this paper we introduce and study three new cardinal topological
invariants called the cs*, cs-, and sb-characters. The class of topological
spaces with countable cs*-character is closed under many topological operations
and contains all aleph-spaces and all spaces with point-countable cs*-network.
Our principal result states that each non-metrizable sequential topological
group with countable cs*-character has countable pseudo-character and contains
an open $k_\omega$-subgroup.
Suppose G is a topological group containing a (closed) topological copy of
the Frechet-Urysohn fan. If G is a perfectly normal sequential space (a normal
k-space) then every closed metrizable subset in $G$ is locally compact.
Applying this result to topological groups whose underlying topological space
can be written as a direct limit of a sequence of closed metrizable subsets, we
get that every such a group either is metrizable or is homeomorphic to the
product of a $k_\omega$-space and a discrete space.
We study the topological structure of the direct limit $\glim G_n$ of a tower
of topological groups $(G_n)$ in the category of topological groups and show
that under some conditions on the tower $(G_n)$ the topology of $\glim G_n$
coincides with the topology of the direct limit $\ulim G_n$ of the groups $G_n$
endowed with the Roelcke uniformity in the category of uniform spaces.
An invariant ideal I on a group G is defined to be Pack_n-complete if it
contains each subset A of G with infinite packing index Pack_n(A). We prove
that the ideal of absolute null subsets of an amenable group and the ideal of
small subsets of an abelian group are Pack_n-complete for every n>1. Also we
show that each invariant ideal I on an amenable group has the packing
completion Pack_n(I) (which is the smallest Pack_n-complete ideal containing
I).
We present a topological characterizations of LF-spaces and some other spaces
of the form $\Omega\times\IR^\infty$. Those characterizations are applied to
recognizing the topology of small box-product and uniform direct limits of
Polish ANR-groups.
We detect Hilbert manifolds among homogeneous metric spaces and apply the
obtained results to recognizing Hilbert manifolds among homogeneous spaces of
the form G/H where G is a metrizable topological group and H is a closed
balanced subgroup of G.
We prove that any two (uncountable) proper homogeneous ultrametric spaces are
coarsely (and bi-uniformly) equivalent. For the proof of this result we develop
a technique of towers which can have an independent interest.
Let $(X_n)_{n}$ be a sequence of uniform spaces such that each space $X_n$ is
a closed subspace in $X_{n+1}$. We give an explicit description of the topology
and uniformity of the direct limit $u-lim X_n$ of the sequence $(X_n)$ in the
category of uniform spaces.