Abstract
We initiate a deep study of {\em Riesz MV-algebras} which are MV-algebras endowed with a scalar multiplication with scalars from . Extending Mundici's equivalence between MV-algebras and -groups, we prove that Riesz MV-algebras are categorically equivalent with unit intervals in Riesz spaces with strong unit. Moreover, the subclass of norm-complete Riesz MV-algebras is equivalent with the class of commutative unital C-algebras. The propositional calculus that has Riesz MV-algebras as models is a conservative extension of Łukasiewicz -valued propositional calculus and it is complete with respect to evaluations in the standard model . We prove a normal form theorem for this logic, extending McNaughton theorem for Łukasiewicz logic. We define the notions of quasi-linear combination and quasi-linear span for formulas in and we relate them with the analogue of de Finetti's coherence criterion for .
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