Stability of Quiver Representations and Topology Change

We study phase structure of the moduli space of a D0-brane on the orbifold C^3/Z_2 \times Z_2 based on stability of quiver representations. It is known from an analysis using toric geometry that this model has multiple phases connected by flop transitions. By comparing the results of the two methods, we obtain a correspondence between quiver representations and geometry of toric resolutions of the orbifold. It is shown that a redundancy of coordinates arising in the toric description of the D-brane moduli space, which is a key ingredient of disappearance of non-geometric phases, is understood from the monodromy around the orbifold point. We also discuss why only geometric phases appear from the viewpoint of stability of D0-branes.