Operator algebra of foliations with projectively invariant transverse measure (Q2436078)

Let \(W(M,F)\) be the von--Neumann algebra associated with a foliation \(F\) on a manifold \(M\). In the paper under review the author investigates the class of foliations with positive projectively invariant measures, naturally including the transversely affine foliations. The main result of the paper gives a sufficient condition for \(W(M,F)\) to be of type \(III\) in terms of a certain cyclic cocycle \(i_{D}\phi\) and its pairing with the \(K\)--group of the foliation algebra.