scientific article; zbMATH DE number 1306956
This article gives a survey of up-to-date results in the local spectral theory with particular emphasis on analytic functional models and their applications. Section 1 deals with decomposable operators, first introduced by \textit{C. Foiaş} in [Arch. Math. 14, 341-349 (1963; Zbl 0176.43802)] Section 2 explains relations between local spectral theory and commutative harmonic analysis. Section 3 and 4 contains a discussion of Bishop's property \((\beta)\) and its dual version. The property \((\beta)\) introduced by \textit{E. Bishop} in [Pac. J. Math. 9, 379-397 (1959; Zbl 0086.31702)] appeared to play an important role in the theory of decomposable operators. Section 5 contains descriptions of the two analytic functional models of \textit{E. Albrecht} and \textit{J. Eschmeier} [Proc. Lond. Math. Soc., III. Ser. 75, No. 2, 323-348 (1997; Zbl 0881.47007)]. For the entire collection see [Zbl 0913.00036].
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