The Influence of Quantum Critical Fluctuations of Circulating Current Order Parameters on the Normal State Properties of Cuprates

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We study a model of the quantum critical point of cuprates associated with the "circulating current" order parameter proposed by Varma. An effective action of the order parameter in the quantum disordered phase is derived using functional integral method, and the physical properties of the normal state are studied based on the action. The results derived within the ladder approximation indicate that the system is like Fermi liquid near the quantum critical point and in disordered regime up to minor corrections. This implies that the suggested marginal Fermi liquid behavior induced by the circulating current fluctuations will come in from beyond the ladder diagrams.