Abstract
We report the results of a computational study of the dimerization of the all-trans-polyacetylene chain within the local-density-func- tional formalism employing the Gáspár-Kohn-Sham exchange-correlation potential. Our calculated bond alternation at equilibrium is less than experimentally implied by roughly a factor of 3. Evidence is presented that suggests that this underestimation of dimerization is closely connected with the much discussed band-gap problem in local-density-functional theory.