The theory K(0) agrees with singular homology with rational coefficients, whereas K(1) is a summand of mod-pcomplex K-theory. The theory K(n) has coefficient ring
Fp[vn,vn−1]
where vn has degree 2(pn − 1). In particular, Morava K-theory is periodic with this period, in much the same way that complex K-theory has period 2.
These theories have several remarkable properties.
They have Künneth isomorphisms for arbitrary pairs of spaces: that is, for X and Y CW complexes, we have
They are complex oriented (at least after being periodified by taking the wedge sum of (pn − 1) shifted copies), and the formal group they define has heightn.
Every finite p-local spectrumX has the property that K(n)∗(X) = 0 if and only if n is less than a certain number N, called the type of the spectrum X. By a theorem of Devinatz–Hopkins–Smith, every thick subcategory of the category of finite p-local spectra is the subcategory of type-n spectra for some n.
Ravenel, Douglas C. (1992), Nilpotence and periodicity in stable homotopy theory, Annals of Mathematics Studies, vol. 128, Princeton University Press, MR1192553
Würgler, Urs (1991), "Morava K-theories: a survey", Algebraic topology Poznan 1989, Lecture Notes in Math., vol. 1474, Berlin: Springer, pp. 111–138, doi:10.1007/BFb0084741, ISBN978-3-540-54098-4, MR1133896