Minimizing normalized volumes of valuations
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Abstract: For any -Gorenstein klt singularity , we introduce a normalized volume function that is defined on the space of real valuations centered at and consider the problem of minimizing . We prove that the normalized volume has a uniform positive lower bound by proving an Izumi type estimate for any -Gorenstein klt singularity. Furthermore, by proving a properness estimate, we show that the set of real valuations with uniformly bounded normalized volumes is compact, and hence reduce the existence of minimizers for the normalized volume functional to a conjectural lower semicontinuity property. We calculate candidate minimizers in several examples to show that this is an interesting and nontrivial problem. In particular, by using an inequality of de-Fernex-Ein-Mustac{t}u{a}, we show that the divisorial valuation associated to the exceptional divisor of the standard blow up is a minimizer of for a smooth point. Finally the relation to Fujita's work on divisorial stability is also pointed out.
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