Exact Analytical Solution of the Constrained Statistical   Multifragmentation Model and Phase Transitions in Finite Systems
  We discuss an exact analytical solution of a simplified version of the statistical multifragmentation model with the restriction that the largest fragment size cannot exceed the finite volume of the system. A complete analysis of the isobaric partition singularities of this model is done for finite volumes. It is shown that the real part of any simple pole of the isobaric partition defines the free energy of the corresponding state, whereas its imaginary part, depending on the sign, defines the inverse decay/formation time of this state. The developed formalism allows us, for the first time, to exactly define the finite volume analogs of gaseous, liquid and mixed phases of this model from the first principles of statistical mechanics and demonstrate the pitfalls of earlier works. The finite size effects for large fragments and the role of metastable (unstable) states are discussed. 
Kyrill A. Bugaev