A well-tempered density functional theory of electrons in molecules
Ester Livshits, Roi Baer

TL;DR
This paper extends a density functional theory approach with correct long-range behavior, introducing practical methods for parameter determination and demonstrating its effectiveness in predicting various molecular properties.
Contribution
It introduces a semi-empirical functional with optimized parameters for better accuracy in molecular property predictions.
Findings
Good reproduction of ionization potentials
Accurate description of valence, Rydberg, and charge-transfer excitations
Broad applicability to static and dynamic molecular properties
Abstract
Reporting extensions of a recently developed approach to density functional theory with correct long-range be-havior (Phys. Rev. Lett. 94, 043002 (2005)). The central quantities are a splitting functional gamma[n] and a complementary exchange-correlation functional. We give a practical method for determining the value of \gamma in molecules, assuming an approximation for XC energy is given. The resulting theory shows good ability to reproduce the ionization potentials for various molecules. However it is not of sufficient accuracy for forming a satisfactory framework for studying molecular properties. A somewhat different approach is then adopted, which depends on a density-independent \gamma and an additional parameter w eliminating part of the local exchange functional. The values of these two parameters are obtained by best-fitting to experimental atomization energies and…
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