Abstract
A new procedure is proposed for constructing the partial-wave S matrix, given its left-hand-cut discontinuity λ(m) (m=2ik, where k is the c.m. momentum). The advantage over the ND method is that this procedure works even when λ(m) is unbounded as m (provided that it oscillates in a suitable way); in fact, the new technique works even when λ(m) is not bounded by any finite power of m, so that not only does the usual ND decomposition break down, but there exists no partial-wave dispersion relation with a finite number of subtractions. An equivalent potential is introduced that provides considerable insight into the nature of elementary-particle, bound-state, ghost, and Castillejo-Dalitz-Dyson poles. The method is generalized to include inelastic effects.