Self-similar approximation theory is shown to be a powerful tool for describing phase transitions in quantum field theory. Self-similar approximants present the extrapolation of asymptotic series in powers of small variables to the arbitrary values of the latter, including the variables tending to infinity. The approach is illustrated by considering three problems: (i) The influence of the coupling parameter strength on the critical temperature of the O(N)-symmetric multicomponent field theory. (ii) The calculation of critical exponents for the phase transition in the O(N)-symmetric field theory. (iii) The evaluation of deconfinement temperature in quantum chromodynamics. The results are in good agreement with the available numerical calculations, such as Monte Carlo simulations, Pade-Borel summation, and lattice data.
Self-similar approximation theory allows for defining effective sums of asymptotic series. The method of self-similar factor approximants is applied for calculating the critical temperature and critical exponents of the $O(N)$-symmetric $φ^4$ field theory in three dimensions by summing asymptotic $\varepsilon$ expansions. This method is shown to be essentially simpler than other summation techniques involving complicated numerical calculations, while enjoying comparable accuracy.
The review presents the development of an approach of constructing approximate solutions to complicated physics problems, starting from asymptotic series, through optimized perturbation theory, to self-similar approximation theory. The close interrelation of underlying ideas of these theories is emphasized. Applications of the developed approach are illustrated by typical examples demonstrating that it combines simplicity with good accuracy.