Unifying renormalization group and the continuous wavelet transform
M.V. Altaisky

TL;DR
This paper demonstrates that the renormalization group can be viewed as a symmetry group within a framework based on scale-dependent functions, connecting it with the continuous wavelet transform and providing a finite, physically relevant approach.
Contribution
It unifies the renormalization group with the continuous wavelet transform, introducing a finite, scale-dependent function space that aligns with physical measurement principles.
Findings
Reproduces standard RG results for the $$ model.
Shows the RG as a symmetry group in a scale-dependent function space.
Connects the wavelet transform with the effective action in quantum field theory.
Abstract
It is shown that the renormalization group turns to be a symmetry group in a theory initially formulated in a space of scale-dependent functions, i.e, those depending on both the position and the resolution . Such theory, earlier described in {\em Phys.Rev.D} 81(2010)125003, 88(2013)025015, is finite by construction. The space of scale-dependent functions is more relevant to physical reality than the space of square-integrable functions , because, due to the Heisenberg uncertainty principle, what is really measured in any experiment is always defined in a region rather than point. The effective action of our theory turns to be complementary to the exact renormalization group effective action. The role of the regulator is played by the basic wavelet -- an "aperture function" of a measuring device used to produce the snapshot of a…
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