We present a two band fermion model consisting of a subband of conduction electrons and a subband of local electron pairs interacting via interband interactions. The model is solved in one dimension by means of the Bethe ansatz for an empty subband of local electron pairs. The ground state energy, the chemical potential, the critical exponents, describing the asymptotic behavior of correlation functions at long distances, the effective electron transport mass have been calculated numerically for an arbitrary density of conduction electrons.
We present a new model describing strongly correlated electrons on a general d-dimensional lattice. It is an extended Hubbard model and it contains the t-J model as a special case. The model naturally describes local electron pairs, which can move coherently at arbitrary momentum. By using an \ensuremath{\eta}-pairing mechanism we can construct eigenstates of the Hamiltonian with off-diagonal long-range order. In the attractive case the exact ground state is superconducting in any number of dimensions. On a one-dimensional lattice, the model is exactly solvable by Bethe ansatz.