Towards analytic description of a transition from weak to strong coupling regime in correlated electron systems. I. Systematic diagrammatic theory with two-particle Green functions

We analyze behavior of correlated electrons described by Hubbard-like models at intermediate and strong coupling. We show that with increasing interaction a pole in a generic two-particle Green function is approached. The pole signals metal-insulator transition at half filling and gives rise to a new vanishing ``Kondo'' scale causing breakdown of weak-coupling perturbation theory. To describe the critical behavior at the metal-insulator transition a novel, self-consistent diagrammatic technique with two-particle Green functions is developed. The theory is based on the linked-cluster expansion for the thermodynamic potential with electron-electron interaction as propagator. Parquet diagrams with a generating functional are derived. Numerical instabilities due to the metal-insulator transition are demonstrated on simplifications of the parquet algebra with ring and ladder series only. A stable numerical solution in the critical region is reached by factorization of singular terms via a low-frequency expansion in the vertex function. We stress the necessity for dynamical vertex renormalizations, missing in the simple approximations, in order to describe the critical, strong-coupling behavior correctly. We propose a simplification of the full parquet approximation by keeping only most divergent terms in the asymptotic strong-coupling region. A qualitatively new, feasible approximation suitable for the description of a transition from weak to strong coupling is obtained.