Phase diagram of the extended Hubbard model with pair hopping interaction

A one-dimensional model of interacting electrons with on-site U, nearest- neighbor V, and pair-hopping interaction W is studied at half-filling using the continuum limit field theory approach. The ground state phase diagram is obtained for a wide range of coupling constants. In addition to the insulating spin-density wave (SDW) and charge-density wave (CDW) phases for large U and V, respectively, we identify a bond-charge- density-wave (BCDW) phase W < 0, \U - 2V\ < \2W\ and a bond- spin-density-wave (BSDW) for W > 0, \U - 2V\ < W. The possibility of bond-located ordering results from the site-off- diagonal nature of the pair-hopping term and is a special feature of the half-filled band case. The BCDW phase corresponding to an enhanced Peierls instability in the system. The BdSDW is an unconventional insulating magnetic phase, characterized by a gapless spin excitation spectrum and a staggered magnetization located on bonds between sites. The general ground state phase diagram including insulating, metallic, and superconducting phases is discussed. A transition to the eta(pi) -superconducting phase at \U - 2V\ much less than 2t less than or equal to W is briefly discussed