Importance of local exact exchange potential in hybrid functionals for   accurate excited states
  Density functional theory has been an essential analysis tool for both theoretical and experimental chemists since accurate hybrid functionals were developed. Here we propose a local hybrid method derived from the optimized effective potential (OEP) method and compare its distinct features with conventional nonlocal ones from the Hartree-Fock (HF) exchange operator. Both are formally exact for ground states and thus show similar accuracy for atomization energies and reaction barrier heights. For excited states, the local version yields virtual orbitals with N-electron character, while those of the nonlocal version have mixed characters between N- and (N+1)-electron orbitals. As a result, the orbital energy gaps from the former well approximate excitation energies with a small mean absolute error (MAE = 0.40 eV) for the Caricato benchmark set. The correction from time-dependent density functional theory with a simple local density approximation kernel further improves its accuracy by incorporating multi-configurational effects, resulting in the total MAE of 0.27 eV that outperforms conventional functionals except for MN15. 
Jaewook Kim, Kwangwoo Hong, Sang-Yeon Hwang, Seongok Ryu, Sunghwan   Choi, Woo Youn Kim
physics.chem-ph physics.comp-ph