Certain special classes of division algebras over the field of Laurent power series with arbitrary residue field are studied. We call algebras in these classes split and well-split algebras. These classes are shown to contain the group of tame division algebras. For the class of well-split division algebras we prove a decomposition theorem which is a generalization of the well-known decomposition theorems of Jacob and Wadsworth for tame division algebras. For both classes we introduce the notion of a -map and develop the technique of -maps for division algebras in these classes. Using this technique we prove decomposition theorems, reprove several old well-known results of Saltman, and prove Artin's conjecture on the period and index in the local case: the exponent of a division algebra over a -field is equal to the index of if , where is a -field. In addition we obtain several results on split division algebras, which, we hope, will help in further research of wild division algebras.
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