Holography as a highly efficient RG flow II: An explicit construction
Nicolas Behr, Ayan Mukhopadhyay

TL;DR
This paper develops an explicit construction of a highly efficient holographic RG flow that encodes UV data and reproduces Einstein's equations, providing a new framework for non-perturbative QCD-like theories.
Contribution
It introduces a novel coarse-graining method defining operators without elementary fields, generalizes Wilsonian RG, and explicitly connects the flow to classical gravity solutions.
Findings
Reproduces Einstein's equations from the RG flow
Explicitly computes the beta function in a simple example
Shows the flow's endpoint corresponds to non-relativistic equations like Navier-Stokes
Abstract
We complete the reformulation of the holographic correspondence as a \emph{highly efficient RG flow} that can also determine the UV data in the field theory in the strong coupling and large limit. We introduce a special way to define operators at any given scale in terms of appropriate coarse-grained collective variables, without requiring the use of the elementary fields. The Wilsonian construction is generalised by promoting the cut-off to a functional of these collective variables. We impose three criteria to determine the coarse-graining. The first criterion is that the effective Ward identities for local conservation of energy, momentum, etc. should preserve their standard forms, but in new scale-dependent background metric and sources which are functionals of the effective single trace operators. The second criterion is that the scale-evolution equations of the operators in…
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