Summary
LetG be a reductive group defined over an algebraically closed fieldk and letX be aG-variety. In this paper we studyG-invariant valuationsv of the fieldK of rational functions onX. These objects are fundamental for the theory of equivariant completions ofX. LetB be a Borel subgroup andU the unipotent radical ofB. It is proved thatv is uniquely determined by its restriction toK U. Then we study the set of invariant valuations having some fixed restrictionv 0, toK B. Ifv 0 is geometric (i.e., induced by a prime divisor) then this set is a polyhedron in some vector space. In characteristic zero we prove that this polyhedron is a simplicial cone and in fact the fundamental domain of finite reflection groupW X. Thus, the classification of invariant valuations is almost reduced to the classification of valuations ofK B.
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