Phase structure of theO(N)vector model

Abstract
In a large-N analysis of the O(N) λΦ4 theory in four dimensions, we find that the O(N)-symmetric lowest-lying state is a metastable state. The decay rate of this false vacuum into a broken-symmetry state is, however, suppressed [exp(N)]. Nevertheless, at finite temperature, we find that above a critical temperature Tc the only existing phase is a broken-symmetry phase with N1 Goldstone bosons. This phase reflects the intrinsic instability of this theory, and the large-φc structure indicates that the renormalized λΦ4 theory is inconsistent. The only acceptable version of this theory is its regularized form which becomes a free-field theory as the regularization is removed.

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