In algebra, a λ-ring or lambda ring is a commutative ring together with some operations λn on it that behave like the exterior powers of vector spaces. Many rings considered in K-theory carry a natural λ-ring structure. λ-rings also provide a powerful formalism for studying an action of the symmetric functions on the ring of polynomials, recovering and extending many classical results. λ-rings were introduced by Grothendieck . For more about λ-rings see , , and .
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