Abstract
The goal of the present paper is to introduce and study noncommutative Hardy spaces associated with the regular -polyball, to develop a functional calculus on noncommutative Hardy spaces for the completely non-coisometric (c.n.c.) -tuples in , and to study the characteristic functions and the associated multi-analytic models for the c.n.c. elements in the regular -polyball. In addition, we show that the characteristic function is a complete unitary invariant for the class of c.n.c. -tuples in . These results extend the corresponding classical results of Sz.-Nagy--Foia\c s for contractions and the noncommutative versions for row contractions. In the particular case when and , we obtain a functional calculus and operator model theory in terms of characteristic functions for -tuples of contractions satisfying Brehmer condition.
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