For a finite group G, we introduce a multiplication on the \QQ-vector
space with basis \scrS_{G\times G}, the set of subgroups of G×G. The
resulting \QQ-algebra \Atilde can be considered as a ghost algebra for the
double Burnside ring B(G,G) in the sense that the mark homomorphism from
B(G,G) to \Atilde is a ring homomorphism. Our approach interprets \QQ
B(G,G) as an algebra eAe, where A is a twisted monoid algebra and e is
an idempotent in A. The monoid underlying the algebra A is again equal to
\scrS_{G\times G} with multiplication given by composition of relations (when
a subgroup of G×G is interpreted as a relation between G and G).
The algebras A and \Atilde are isomorphic via M\"obius inversion in the
poset \scrS_{G\times G}. As an application we improve results by Bouc on the
parametrization of simple modules of \QQ B(G,G) and also of simple biset
functors, by using results by Linckelmann and Stolorz on the parametrization of
simple modules of finite category algebras. Finally, in the case where G is a
cyclic group of order n, we give an explicit isomorphism between \QQ B(G,G)
and a direct product of matrix rings over group algebras of the automorphism
groups of cyclic groups of order k, where k divides n.Comment: 41 pages. Changed title from "Ghost algebras of double Burnside
algebras via Schur functors" and other minor changes. Final versio