Optical spectra and exchange-correlation effects in molecular crystals
  We report first-principles GW-Bethe Salpeter Equation and Quantum Monte Carlo calculations of the optical and electronic properties of molecular and crystalline rubrene (C$_{42}$H$_{28}$). Many-body effects dominate the optical spectrum and quasi-particle gap of molecular crystals. We interpret the observed yellow-green photoluminescence in rubrene microcrystals as a result of the formation of intermolecular, charge-transfer spin-singlet excitons. In contrast, spin-triplet excitons are localized and intramolecular with a predicted phosphorescence at the red end of the optical spectrum. We find that the exchange energy plays a fundamental role in raising the energy of intramolecular spin-singlet excitons above the intermolecular ones. Exciton binding energies are predicted to be around 0.5 eV (spin singlet) to 1 eV (spin triplet). The calculated electronic gap is 2.8 eV. The theoretical absorption spectrum agrees very well with recent ellipsometry data. 
Na Sai, Murilo L. Tiago, James R. Chelikowsky, Fernando A. Reboredo