Abstract
A detailed and comprehensive study of the one-impurity multichannel Kondo model is presented. In the limit of a large number of conduction electron channels k>>1, the low-energy fixed point is accessible to a renormalization group improved perturbative expansion in 1/k. This straightforward approach enables us to examine the scaling, thermodynamics and dynamical response functions in great detail and make clear the following features: (i) the criticality of the fixed point, (ii) the universal non-integer degeneracy, and (iii) that the compensating spin cloud has a spatial extent of the order of one lattice spacing.
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