The Dynamic Hubbard Model (DHM) has been introduced as a framework for the electron-hole asymmetry observed in materials like high-temperature superconductors. In this study, we aim to understand the intricate dynamics of hole interactions, particularly focusing on the competition between on-site repulsion and hole-lattice coupling. Our results reveal a striking feature-an effective nearest-neighbor attraction between holes, even in the presence of the on-site repulsion typical of Mott insulators. Notably, the on-site repulsion not only coexists but also enhances the nearest-neighbor coupling. Our exploration of the DHM unravels unexpected and significant characteristics, enriching our understanding of hole interactions in correlated electron systems. The model's capacity to capture both on-site repulsion and effective nearest-neighbor attraction offers a valuable perspective.
By a canonical transformation of the three-band Hubbard model, we introduce an effective Hamiltonian for the propagation of two holes doped into the ground state of the Cu-O plane. When the pair belongs to the
1B2 or
Irreducible Representations of the C
4v Group, the bare holes do not interact by the on-site repulsion; the effective interaction between the dressed holes is obtained analytically in terms of renormalized matrix elements, and generalizes earlier findings from cluster calculations. The Fermi liquid is unstable and numerical estimates with reasonable parameters of the binding energy of the pair are in the range of tens of meV. Our scheme naturally lends itself to embody phonon-mediated and other interactions which cannot occur in the Hubbard model but may give important contributions.