We investigate the connections between continuous and discrete wavelet tran
sforms on the basis of algebraic arguments. The discrete approach is formul
ated abstractly in terms of the action of a semidirect product A x Gamma on
l(2)(Gamma), with Gamma a lattice and A an albelian semigroup acting on Ga
mma. We show that several such actions may be considered, and investigate t
hose which may be written as deformations of the canonical one. The corresp
onding deformed dilations (the pseudodilations) turn out to be characterize
d by compatibility relations of a cohomological nature The connection with
multiresolution wavelet analysis is based on families of pseudodilations of
a different type.