Exact evolution equation for the effective potential
Christof Wetterich

TL;DR
This paper derives an exact evolution equation for the effective potential, enabling better analysis of infrared problems in theories with massless modes, relevant for phase transitions and critical phenomena.
Contribution
It introduces a new exact evolution equation for the effective action's scale dependence, facilitating improved handling of infrared issues in various physical theories.
Findings
Allows truncation of the evolution equation for practical calculations
Addresses infrared problems in theories with massless modes
Applicable to high temperature phase transitions and critical exponent computations
Abstract
We derive a new exact evolution equation for the scale dependence of an effective action. The corresponding equation for the effective potential permits a useful truncation. This allows one to deal with the infrared problems of theories with massless modes in less than four dimensions which are relevant for the high temperature phase transition in particle physics or the computation of critical exponents in statistical mechanics.
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