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This volume presents the invited lectures of the workshop "Infinite Dimensional Algebras and Quantum Integrable Systems" held in July 2003 at the University of Algarve, Faro, Portugal, as a satellite workshop of the XIV International Congress on Mathematical Physics. In it, recent developments in the theory of infinite dimensional algebras, and their applications to quantum integrable systems, are reviewed by leading experts in the field.

In September 2000 a Summer School on "Factorization and Integrable Systems" was held at the University of Algarve in Portugal. The main aim of the school was to review the modern factorization theory and its application to classical and quantum integrable systems. The program consisted of a number of short courses given by leading experts in the field. The lecture notes of the courses have been specially prepared for publication in this volume.
The book consists of four contributions. I. Gohberg, M.A. Kaashoek and I.M. Spitkovsky present an extensive review of the factorization theory...