Wall-Crossing from Boltzmann Black Hole Halos
Jan Manschot, Boris Pioline, Ashoke Sen

TL;DR
This paper derives explicit formulas for the change in BPS state indices across walls of marginal stability in N=2 theories, connecting physical black hole solutions with mathematical invariants and providing new insights into wall-crossing phenomena.
Contribution
It introduces two general formulas for wall-crossing of BPS indices, linking physical multi-centered black hole solutions with mathematical invariants and rational Donaldson-Thomas invariants.
Findings
Derived Higgs and Coulomb branch formulas for index change
Validated formulas agree with mathematical invariants of Kontsevich-Soibelman and Joyce-Song
Extended semi-primitive wall-crossing to more general decay processes
Abstract
A key question in the study of N=2 supersymmetric string or field theories is to understand the decay of BPS bound states across walls of marginal stability in the space of parameters or vacua. By representing the potentially unstable bound states as multi-centered black hole solutions in N=2 supergravity, we provide two fully general and explicit formulae for the change in the (refined) index across the wall. The first, "Higgs branch" formula relies on Reineke's results for invariants of quivers without oriented loops, specialized to the Abelian case. The second, "Coulomb branch" formula results from evaluating the symplectic volume of the classical phase space of multi-centered solutions by localization. We provide extensive evidence that these new formulae agree with each other and with the mathematical results of Kontsevich and Soibelman (KS) and Joyce and Song (JS). The main…
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