Abstract
In this paper, we study the two-parameter quantum group associated to the Lie algebra of infinite rank. We shall prove that the two-parameter quantum group admits both a Hopf algebra structure and a triangular decomposition. In particular, it can be realized as the Drinfeld double of it's certain Hopf subalgebras. We will also study a two-parameter twisted Ringel-Hall algebra associated to the category of all finite dimensional representations of the infinite linear quiver . In particular, we will establish an iterated skew polynomial presentation of and prove that is a direct limit of the directed system of the two-parameter Ringel-Hall algebras associated to the finite linear quiver . As a result, we construct a PBW basis for and prove that all prime ideals of are completely prime. Furthermore, we will establish an algebra isomorphism from to , which enable us to obtain the corresponding results for . Finally, via the theory of generic extensions in the category of finite dimensional representations of , we shall construct several monomial bases and a bar-invariant basis for .
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