Incidence algebras and Moebius inversion in Rezk categories and decomposition spaces I'll explain how the classical theory of incidence algebras of locally finite posets (Rota) and Moebius categories (Leroux) can be generalised to higher categories, leading to the new notion of decomposition space: it is a simplicial (infinity) groupoid satisfying an exactness condition weaker than the Segal condition, expressed in terms of generic and free maps in Delta. Just as the Segal condition expresses up-to-homotopy composition, the new condition expresses decomposition (and as everybody knows from watch repairs, it is much easier to decompose than to compose). New examples covered by the theory include the Faa di Bruno and Connes-Kreimer bialgebras, the Lawvere-Menni category of Moebius intervals which contains the universal Moebius function (but is not itself a Moebius category), and Hall algebras: the Waldhausen S-construction of abelian (or stable infinity) categories are decomposition spaces, and their incidence algebras are Hall algebras. This is joint work with Imma Galvez and Andy Tonks.