QUANTUM BLACK HOLES, STRINGS AND σ-MODELS AT θ=π: HAWKING QUANTUM EVAPORATION AS WORLD-SHEET RG-FLOW
We discuss the quantum black holes and even more generally the problem of quantum horizons in string theory. A toy model for quantum horizon is the two-dimensional O(3) σ-model. Using the interpretation of time as zero mode of conformal factor of world-sheet metric (Liouville field) the possible equivalence between two-dimensional renormalization group equations and Hawking quantum evaporation formula is found. The infrared fixed points of two-dimensional renormalization group corresponds to final state of the quantum black hole. Using conjecture that such a fixed points are described by σ-models with θ=π we suggest the axionic black holes as possible candidates to final (meta)stable states of black holes. The corresponding renormalization group picture are similar to the quantum Hall effect.