Quasiparticles in transition metals with strong local correlations: band formation and collective effects

We address the question, whether low lying one-particle excitations in the Fermi-liquid phase of highly correlated electron systems can form well defined bands of nearly stable quasiparticles, and comment on features of a universal band picture for these systems. We outline how to derive a description of instabilities to magnetic, charged ordered or superconducting phases, which bears a close analogy to Stoner theory and lends itself to an interpretation in terms of quasiparticle bands and residual interactions at low temperatures. Concepts and problems are illustrated via calculations for some standard models of solid-state theory using modem many-body techniques like NRG, NCA and DMFT. Differences to conventional band structure theory are pointed out. We shortly comment on the relevance of these questions to the physics of inhomogeneous systems and small particles. (c) 2005 WILEY-VCH Verlag GmbH & Co. KGaA, Weinheim.