Equivalence of two formulations of the Peterson–Thom property beyond the finite case
Determine whether, for an arbitrary (not necessarily finite) von Neumann algebra M, the following two properties are equivalent: (i) for every diffuse amenable von Neumann subalgebra Q ≤ M, the set {P ≤ M : P is with expectation in M, P ⊇ Q, and P is amenable} has a largest element; (ii) whenever {Q_j : j ∈ J} are diffuse, amenable, and with expectation in M and the intersection ⋂_{j∈J} Q_j contains a diffuse subalgebra with expectation in M, then every von Neumann subalgebra B ≤ W_j Q_j with expectation in M is amenable. In particular, ascertain whether (ii) implies (i) for general von Neumann algebras.
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We say that a von Neumann algebra M has the Peterson–Thom property if (i) of the above theorem holds. Note that if M is finite, then both items in Proposition 1.7 are equivalent. It is unclear if this is true in general, because, for example, jPJQ j may fail to be with expectation.