Abstract
The lecture is based on joint work of the speaker with H. Derksen and J. Weyman.
Let $\Lambda$ be a basic finite dimensional algebra over an algebraically closed
field $K$. We briefly review existing information about the degenerations of finite
dimensional representations of $\Lambda$. Roughly, our main results say that
substantial slices of the representations with fixed dimension vector $\bold d$
are always classifiable in the most stringent geometric terms. Namely, given any
finite dimensional semisimple $\Lambda$-module $T$, the isomorphism classes of the
representations with dimension vector $\bold d$ which are degeneration-maximal
among those with top $T$ always have a fine moduli space. Depending on a Borel
subgroup of the automorphism group $Aut_\Lambda(T)$, this moduli space can be
explicitly identified as a certain closed subvariety of the Grassmannian parametrizing
variety for the modules with dimension vector $\bold d$. Despite classifiability, the
representation theory of the addressed class of modules is rich: Any projective
variety can be realized as a fine moduli space in this context, for suitable
$\Lambda$,
$\bold d$ and $T$. We supplement the discussion of the moduli space with a
structural description of the modules which are degeneration-maximal among those
with fixed top; this characterization arises as
a consequence of the geometric findings.