Abstract
A systematic study of optical and transport properties of the Hubbard model, based on the Metzner-Vollhardt dynamical mean-field approximation, is reviewed. This model shows interesting anomalous properties that are, in our opinion, ubiquitous to single-band strongly correlated systems (for all spatial dimensions greater than one) and also compare qualitatively with many anomalous transport features of the high-T c cuprates. This anomalous behaviour of the normal-state properties is traced to a ‘collective single-band Kondo effect’, in which a quasiparticle resonance forms at the Fermi level as the temperature is lowered, ultimately yielding a strongly renormalized Fermi liquid at zero temperature.
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