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Why are Serre functors always exact?
Let $k$ be a field and $\mathcal{T}$ be a $k$-linear triangulated category with finite dimensional spaces of morphisms. Bondal and Kapranov proved that every Serre functor on $\mathcal{T}$ is exact (...
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Serre functors for non-proper categories
One usually defines a Serre functor to be a functor on a $k$-linear category $\mathcal{C}$ which has finite dimensional $Hom$s over $k$. In that case, the standard definition is that a Serre functor $...