Anomalous Normal-State Properties of High-T_c Superconductors -- Intrinsic Properties of Strongly Correlated Electron Systems?

A systematic study of optical and transport properties of the Hubbard model, based on Metzner and Vollhardt's dynamical mean-field approximation, is reviewed. This model shows interesting anomalous properties that are, in our opinion, ubiquitous to single-band strongly correlated systems (for all spatial dimensions greater than one), and also compare qualitatively with many anomalous transport features of the high-T$_c$ cuprates. This anomalous behavior of the normal-state properties is traced to a ``collective single-band Kondo effect,'' in which a quasiparticle resonance forms at the Fermi level as the temperature is lowered, ultimately yielding a strongly renormalized Fermi liquid at zero temperature.