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Hardy algebras, W*-correspondences and interpolation theory

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Abstract.

Given a von Neumann algebra M and a W*-correspondence E over M, we construct an algebra H(E) that we call the Hardy algebra of E. When M= =E, H(E) is the classical Hardy space H of bounded analytic functions on the unit disc. When M= and E= H(E) is the free semigroup algebra studied by Popescu, Davidson and Pitts and many others. We show that given any faithful normal representation σ of M on a Hilbert space H there is a natural correspondence Eσ over the commutant σ(M), called the σ-dual of E, and that H(E) can be realized in terms of (B(H)-valued) functions on the open unit ball ((Eσ)*) in the space of adjoints of elements in Eσ. We prove analogues of the Nevanlinna-Pick theorem in this setting and discover other aspects of the value ‘‘distribution theory’’ for elements in H(E). We also analyze the ‘‘boundary behavior’’ of elements in H(E) and obtain generalizations of the Sz.-Nagy–Foiaş functional calculus and the functional calculus of Popescu for c.n.c. row contractions. The correspondence Eσ has a dual that is naturally isomorphic to E and the commutants of certain, so-called induced representations of H(E) can be viewed as induced representations of H(Eσ). For these induced representations a double commutant theorem is proved.

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Correspondence to Paul S. Muhly.

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Supported in part by grants from the National Science Foundation and from the U.S.-Israel Binational Science Foundation.

Supported in part by the U.S.-Israel Binational Science Foundation and by the Fund for the Promotion of Research at the Technion.

Revised version: 11 March 2004

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Muhly, P., Solel, B. Hardy algebras, W*-correspondences and interpolation theory. Math. Ann. 330, 353–415 (2004). https://doi.org/10.1007/s00208-004-0554-x

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