Conformal Factor Dynamics in the 1/N Expansion
E. Elizalde, S.D. Odintsov

TL;DR
This paper proposes a new effective theory for quantum gravity based on conformal factor dynamics within the 1/N expansion, offering a potential solution to the cosmological constant problem through RG analysis.
Contribution
It introduces a novel model of quantum gravity using conformal factor dynamics in the 1/N expansion framework, with RG analysis addressing the cosmological constant issue.
Findings
RG analysis suppresses the cosmological constant
Effective potential for the conformal factor is derived
New model provides insights into quantum gravity
Abstract
We suggest to consider conformal factor dynamics as applying to composite boundstates, in frames of the expansion. In this way, a new model of effective theory for quantum gravity is obtained. The renormalization group (RG) analysis of this model provides a framework to solve the cosmological constant problem, since the value of this constant turns out to be suppressed, as a result of the RG contributions. The effective potential for the conformal factor is found too.
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