Kaon-Nucleon systems and their interactions in the Skyrme model
  We study kaon-nucleon systems in the Skyrme model in a method based on the bound state approach of Callan-Klebanov but with the kaon around the physical nucleon of the rotating hedgehog. This corresponds to the variation after projection, reversing the order of semiclassical quantization of $1/N_c$ expansion. The method, however, is considered to be suited to the study of weakly interacting kaon-nucleon systems including loosely $\bar{K}N$ bound states such as $\Lambda(1405)$. We have found a bound state with binding energy of order ten MeV, consistent with the observed state. We also discuss the $\bar{K}N$ interaction and find that it consists of an attraction in the middle range and a repulsion in the short range. 
Takashi Ezoe and Atsushi Hosaka
nucl-th hep-ph