Analytic Study for the String Theory Landscapes via Matrix Models
  We demonstrate a first-principle analysis of the string theory landscapes in the framework of non-critical string/matrix models. In particular, we discuss non-perturbative instability, decay rate and the true vacuum of perturbative string theories. As a simple example, we argue that the perturbative string vacuum of pure gravity is stable; but that of Yang-Lee edge singularity is inescapably a false vacuum. Surprisingly, most of perturbative minimal string vacua are unstable, and their true vacuum mostly does not suffer from non-perturbative ambiguity. Importantly, we observe that the instability of these tachyon-less closed string theories is caused by ghost D-instantons (or ghost ZZ-branes), the existence of which is determined only by non-perturbative completion of string theory. 
Chuan-Tsung Chan, Hirotaka Irie and Chi-Hsien Yeh
hep-th math-ph math.MP