Renormalization group in the local potential approximation (Q1095317)

In the local potential approximation, renormalization group equations reduce to a semilinear parabolic partial differential equation. We derive this equation and show the relation with the hierarchical model. We construct a family of non-trivial fixed points \(u^*_{2n}\), \(n=2,3,4,...\), which have the form of n-well potentials and exist in the ranges of dimensions \(2<d<d_ n=2+2/(n-1)\). As \(d\uparrow d_ n\), \(u^*_{2n}\) tends to zero. For the Wilson fixed point \(u^*_ 4\), we give bounds on critical exponents. In the case of dipole gas in this approximation we show that no non-trivial fixed points exist.