| Summary: | An important combinatorial result in equivariant cohomology and $K$-theory Schubert calculus is represented by the formulas of Billey and Graham-Willems for the localization of Schubert classes at torus fixed points. These formulas work uniformly in all Lie types, and are based on the concept of a root polynomial. We define formal root polynomials associated with an arbitrary formal group law (and thus a generalized cohomology theory). We usethese polynomials to simplify the approach of Billey and Graham-Willems, as well as to generalize it to connective $K$-theory and elliptic cohomology. Another result is concerned with defining a Schubert basis in elliptic cohomology (i.e., classes independent of a reduced word), using the Kazhdan-Lusztig basis of the corresponding Hecke algebra.
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