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In this paper we study representation theory of the category FI^m introduced by Gadish which is a product of copies of the category FI, and show that quite a few interesting representational and homological properties of FI can be generalized to FI^m in a natural way. In particular, we prove the representation stability property of finitely generated FI^m -modules over fields of characteristic 0.

In this paper we describe an inductive machinery to investigate asymptotic behaviors of homology groups and related invariants of representations of certain graded combinatorial categories over a commutative Noetherian ring k, via introducing inductive functors which generalize important properties of shift functors of FI-modules. In particular, a sufficient criterion for finiteness of Castelnuovo-Mumford regularity of finitely generated representations of these categories is obtained. As applications, we show that a few important infinite combinatorial categories appearing in representation stability theory are equipped with inductive functors, and hence the finiteness of Castelnuovo-Mumford regularity of their finitely generated representations is guaranteed. We also prove that truncated representations of these categories have linear minimal resolutions by relative projective modules, which are precisely linear minimal projective resolutions when k is a field of characteristic 0.

We show that for any amenable group \Gamma and any Z\Gamma-module M of type FL with vanishing Euler characteristic, the entropy of the natural \Gamma-action on the Pontryagin dual of M is equal to the L^2-torsion of M. As a particular case, the entropy of the principal algebraic action associated with the module Z\Gamma / Z\Gamma f is equal to the logarithm of the Fuglede-Kadison determinant of f whenever f is a non-zero-divisor in Z\Gamma. This confirms a conjecture of Deninger. As a key step in the proof we provide a general Szeg\H{o}-type approximation theorem for the Fuglede-Kadison determinant on the group von Neumann algebra of an amenable group. As a consequence of the equality between L^2-torsion and entropy, we show that the L^2-torsion of a non-trivial amenable group with finite classifying space vanishes. This was conjectured by Lueck. Finally, we establish a Milnor-Turaev formula for the L^2-torsion of a finite \Delta-acyclic chain complex.

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