I am reading a paper in which the introduction of the paper talks about lifting property which I have never seen.
Can someone explain or give me some reference for the local lifting property of Banach spaces and of $C^*$-algebra? Intuition behind the definition would be much appreciated.
Thanks in advance
A C$^*$-algebra $A$ has the local lifting property (LLP) if whenever you have:
a C$^*$-algebra $B$,
$J\subset B$ an ideal,
$F\subset A$ a finite-dimensional operator system,
$\phi:A\to B/J$ ucp,
there exist $\psi:A\to B$ ucp such that $\psi|_F=\phi|_F$. So $\psi$ lifts $\phi$ "locally".
The property was introduced by Kirchberg, who showed that $A$ having LLP is equivalent to the cone/suspension of $A$ having Ext a group.
It is known that the WEP implies the LLP (very non-trivial: Kirchberg showed that this is equivalent with $B(H)\odot B(H)$ admiting a single C$^*$-norm). The implication LLP $\implies$ WEP is equivalent to Connes Embedding Problem.