GAUGE INVARIANT EXACT RENORMALIZATION GROUP AND PERFECT ACTIONS IN THE OPEN BOSONIC STRING THEORY
Abstract
The exact renormalization group is applied to the worldsheet theory describing bosonic open string backgrounds to obtain the equations of motion for the fields of the open string. Using loop variable techniques the equations can be constructed to be gauge invariant. Furthermore they are valid off the (free) mass shell. This requires keeping a finite cutoff. Thus we have the interesting situation of a scale invariant worldsheet theory with a finite worldsheet cutoff. This is possible because there is infinite number of operators whose coefficients can be tuned. This is in the same sense that "perfect actions" or "improved actions" have been proposed in lattice gauge theory to reproduce the continuum results even while keeping a finite lattice spacing.