Published online by Cambridge University Press: 21 December 2018
We consider a linear operator pencil with complex parameter mapping one Hilbert space onto another. It is known that the resolvent is analytic in an open annular region of the complex plane centred at the origin if and only if the coefficients of the Laurent series satisfy a doubly-infinite set of left and right fundamental equations and are suitably bounded. If the resolvent has an isolated singularity at the origin we propose a recursive orthogonal decomposition of the domain and range spaces that enables us to construct the key nonorthogonal projections that separate the singular and regular components of the resolvent and subsequently allows us to find a formula for the basic solution to the fundamental equations. We show that each Laurent series coefficient in the singular part of the resolvent can be approximated by a weakly convergent sequence of finite-dimensional matrix operators and we show how our analysis can be extended to find a global expression for the resolvent of a linear pencil in the case where the resolvent has only a finite number of isolated singularities.