Derived localisation of algebras and modules
Christopher Braun, Joseph Chuang, Andrey Lazarev

TL;DR
This paper introduces a homotopy-invariant derived localisation for dg algebras, generalizing classical localisation, with applications to algebraic K-theory, homology theories, and topological group completion.
Contribution
It constructs a universal derived localisation for dg algebras, relating homology and spectral sequences, and connects it to Bousfield localisation and various applications.
Findings
Derived localisation has a universal property in homotopy category.
Spectral sequence relates homology of localisation to localisation of homology.
Applications include proofs of the topological group completion theorem and insights into algebraic K-theory.
Abstract
For any dg algebra , not necessarily commutative, and a subset in , the homology of , we construct its derived localisation together with a map , well-defined in the homotopy category of dg algebras, which possesses a universal property, similar to that of the ordinary localisation, but formulated in homotopy invariant terms. Even if is an ordinary ring, may have non-trivial homology. Unlike the commutative case, the localisation functor does not commute, in general, with homology but instead there is a spectral sequence relating and ; this spectral sequence collapses when, e.g. is an Ore set or when is a free ring. We prove that could also be regarded as a Bousfield localisation of viewed as a left or right dg module over itself. Combined with the results of Dwyer-Kan on simplicial…
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