title: A short proof of the Buchstaber-Rees theorem.
abstract: We give a short proof of the Buchstaber-Rees theorem concerning symmetric powers. The proof is based on the notion of a formal characteristic function of a linear map of algebras.
authors.affiliation: School of Mathematics, University of Manchester, Manchester M13 9PL, UK.
authors.forename: H M
authors.initials: HM
authors.lastname: Khudaverdian
authors.forename: Th Th
authors.initials: TT
authors.lastname: Voronov