The Hubbard model soon followed the above discussed Kondo model in 1963. Originally intended to model the competition between magnetic and metallic states(10), it has become the standard model in the investigation of strong electron correlation effects in metals. The Hubbard model is defined by its Hamiltonian
(1.3) 
This form provides for two important properties of the model. The first term in the Hamiltonian allows for mobile electrons on the lattice, while the latter includes an onsite Coulomb interaction between the electrons. This allows for double occupancy of a lattice site at an energetic expense as long as the two electrons don't occupy the same spin state. For the simplest case of only one orbital, this would correspond to one spin having up spin and the other one down spin. In its formal simplicity, it is reminiscent of the Kondo lattice model, and similarly, not all aspects of the problem have as of now been adequately accounted for. A physical depiction of these features is shown in fig. 1.2.

The model can be quantified by two separate energy scales. The first is the previously mentioned Coulomb repulsion , and the second is the bandwidth . The bandwidth is defined as , where is the number of included nearest neighbors. In a regime where remains relatively small when compared to the bandwidth, we expect the electrons to remain uninhibited and freeelectron models apply. If, on the other hand, the Coulomb repulsion becomes the dominant energy scale and the system is at half filling, we find ourselves once again in a regime where electronelectron correlations play a dominant roll. Hence the classification of the Hubbard as a stronglycorrelated electron model is apparent.
In chapter 3, we introduce a novel approach to the Hubbard model. While the methodology takes precedence over the form of the Hamiltonian in our discourse, it is applied to the Hubbard model and constitutes an intriguing new approach to solving the system.