the necklace Lie bialgebra

Today Travis Schedler posted a nice paper on the arXiv
“A Hopf algebra quantizing a necklace Lie algebra
canonically associated to a quiver”. I heard the first time about
necklace Lie algebras from Jacques Alev who had heard a talk by Kirillov
who constructed an infinite dimensional Lie algebra on the monomials in
two non-commuting variables X and Y (upto cyclic permutation of the
word, whence ‘necklace’). Later I learned that this Lie algebra was
defined by Maxim Kontsevich for the free algebra in an even number of
variables in his “Formal (non)commutative symplectic geometry” paper
(published in the Gelfand seminar proceedings 1993). Later I extended
this construction together with Raf Bocklandt in “Necklace Lie algebras and non-commutative symplectic
geometry” (see also Victor Ginzburg’s paper “Non-commutative symplectic geometry, quiver
varieties and operads”. Here, the necklace Lie algebra appears from
(relative) non-commutative differential forms on a symmetric quiver and
its main purpose is to define invariant symplectic flows on quotient
varieties of representations of the quiver.
Travis Schedler
extends this construction in two important ways. First, he shows that
the Lie-algebra is really a Lie-bialgebra hence there is some sort of
group-like object acting on all the representation varieties. Even more
impoprtant, he is able to define a quantization of this structure
defining a Hopf algebra. In this quantization, necklaces play a role
similar to that of (projected) flat links in the plane whereas their
quantization (necklaces with a height) are similar to genuine links in
3-space.
Sadly, at the moment there is no known natural
representations for this Hopf algebra playing a similar role to the
quotient varieties of quiver-varieties in the case of the necklace Lie
bialgebra.