At large N, fermionic quantum field theories have exact effective actions depending only on flavour-singlet fermion bilinears, making the local potential approximation exact and yielding new conformal fixed points.
Derivative expansion of the renormalization group in O(N) scalar field theory
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We apply a derivative expansion to the Legendre effective action flow equations of O(N) symmetric scalar field theory, making no other approximation. We calculate the critical exponents eta, nu, and omega at the both the leading and second order of the expansion, associated to the three dimensional Wilson-Fisher fixed points, at various values of N. In addition, we show how the derivative expansion reproduces exactly known results, at special values N=infinity,-2,-4, ... .
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Fermions and the Renormalisation Group at Large N
At large N, fermionic quantum field theories have exact effective actions depending only on flavour-singlet fermion bilinears, making the local potential approximation exact and yielding new conformal fixed points.