This dissertation focusses on the structure of Lie algebras of smooth and k-times differentiable sections of finite-dimensional Lie algebra bundles, which are generalizations of the famous and well-understood affine Kac-Moody algebras. Besides answering the immediate structural questions (center, commutator algebra, derivations, centroid, automorphism group), this work approaches a classification of section algebras by homotopy theory. Furthermore, we determine a universal invariant symmetric bilinear form on Lie algebras of smooth sections and use this form to define a natural central extension which is universal, at least in the case of Lie algebra bundles with compact base manifold.
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