It is well known that two basic rings are Morita equivalent if and only if they are isomorphic.Here it is shown that local uniserial rings are stably equivalent in the sense of M. Auslander and I. Reiten in case they are isomorphic modulo certain powers of their radicals.In particular, two commutative local uniserial rings of Loewy length n are stably equivalent if and only if they are isomorphic modulo the [/i/2]th power of their radicals.In a series of papers [2]-[6], M. Auslander and I. Reiten have studied categories of modules modulo projectives and the related notion of stable equivalence of rings.We recall their terminology.For a ring A, mod A denotes the category of finitely generated left A-modules.For M, N G mod A, PA(M, N) is the subgroup of HomA(M, N) consisting of the homomorphisms /: M -> N that factor through projectives.The additive category of finitely generated left A-modules modulo projectives is mod A. Its objects are the same as those of mod A, and its morphisms are the members of the factor groups HomA(A/, N) = HomA(A/, N)/PA(M, N).The category modF A is the full subcategory of mod A whose objects have no projective direct summands, and mod,, A is the corresponding subcategory of mod A. If A is a left artinian ring then mod,, A mod A ( denotes equivalence of categories) [3, p. 247].Two rings A and A' are said to be (left) stably equivalent in case mod A mod A'.Stable equivalence is a relaxing of the notion of Morita equivalence.So since artinian rings are Morita equivalent iff their basic rings are isomorphic (see [1, 27]), one is led to study the relative structure of stably equivalent rings.For example, although Zp2 and Zp[x]/(x2) are not Morita equivalent, they are stably equivalent [2].See also [6] and [7] regarding stable equivalence of serial rings.Here we consider stable equivalence of uniserial rings.A uniserial ring is one that is Morita equivalent to a direct sum of local uniserial rings.A ring A with J = J (A) and Loewy length t? is a local uniserial ring in case A > J > > J"~x > J" = 0 is a. complete list of the submodules of both AA and AA.The indecomposable modules over A are then A/J, ..., A/J"~x, A, and PA(A/J', A/Jj) consists of those maps that factor through A. In what
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