Exact renormalization group and applications to disordered problems:   part I
  We develop a systematic multi-local expansion of the Polchinski-Wilson exact renormalization group (ERG) equation. Integrating out explicitly the non local interactions, we reduce the ERG equation obeyed by the full interaction functional to a flow equation for a function, its local part. This is done perturbatively around fixed points, but exactly to any given order in the local part. It is thus controlled, at variance with projection methods, e.g. derivative expansions or local potential approximations. Our method is well-suited to problems such as the pinning of disordered elastic systems, previously described via functional renormalization group (FRG) approach based on a hard cutoff scheme. Since it involves arbitrary cutoff functions, we explicitly verify universality to ${\cal O} (\epsilon =4-D)$, both of the T=0 FRG equation and of correlations. Extension to finite temperature $T$ yields the finite size ($L$) susceptibility fluctuations characterizing mesoscopic behaviour $\bar{(\Delta \chi)^2} \sim L^\theta/T$, where $\theta$ is the energy exponent. Finally, we obtain the universal scaling function to ${\cal O}(\epsilon^{1/3})$ which describes the ground state of a domain wall in a random field confined by a field gradient, compare with exact results and variational method. Explicit two loop exact RG equations are derived and the application to the FRG problem is sketched. 
Pascal Chauve, Pierre Le Doussal