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Nov 16, 2009 at 18:08 comment added Dave Penneys Yes. If you start with a von Neumann algebra $M$ acting on a Hilbert space $H$, then I think the above construction is what you want. If instead you start with an abstract von Neumann algebra (a $W^\ast$-algebra), then @Dmitri has provided many other constructions. You can always take $M$ acting on $L^2(M)$, but if you do this for $B(H)$ (using the trace as the normal, faithful, semi-finite weight), you won't get $H$. It depends what you're trying to do with it...
Nov 16, 2009 at 7:22 vote accept Semyon Dyatlov
Nov 16, 2009 at 7:22 comment added Semyon Dyatlov Thanks! I think I finally got it. Do you mean that you will first consider a "nice" action of $M$ on some Hilbert space (which always exists by some classical result) and then consider the unbounded operators on this new space that are affiliated with the old algebra?
Nov 16, 2009 at 6:26 history answered Dave Penneys CC BY-SA 2.5