Algebraic K-theory of quotient stacks

We prove some fundamental results like localization, excision, Nisnevich descent and the Mayer-Vietoris property for equivariant regular blow-up for the equivariant K-theory of schemes with an affine group scheme action. We also show that the equivariant K-theory with finite coefficients is invariant under equivariant vector bundle morphisms. We show that the equivariant homotopy K-theory is invariant under equivariant vector bundle morphisms and satisfies all the above properties, including nil-invariance.