An approximate solution scheme, similar to the Gutzwiller approximation, is presented for the Baeriswyl and the Baeriswyl-Gutzwiller variational wavefunctions. The phase diagram of the one-dimensional Hubbard model as a function of interaction strength and particle density is determined. For the Baeriswyl wavefunction a metal-insulator transition is found at half-filling, where the metallic phase (U<Uc) corresponds to the Hartree-Fock solution, the insulating phase is one with finite double occupations arising from bound excitons. This transition can be viewed as the "inverse" of the Brinkman-Rice transition. Close to but away from half filling, the U>Uc phase displays a finite Fermi step, as well as double occupations originating from bound excitons. As the filling is changed away from half-filling bound excitons are supressed. For the Baeriswyl-Gutzwiller wavefunction at half-filling a metal-insulator transition between the correlated metallic and excitonic insulating state is found. Away from half-filling bound excitons are suppressed quicker than for the Baeriswyl wavefunction. If time permits the development of momentum density functional theory for the Hubbard model, an extension of the approximation scheme presented here, will also be discussed. |
![]() |