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A gauge invariant regularisation for dealing with pure Yang-Mills theories within the exact renormalization group approach is proposed. It is based on the regularisation via covariant higher derivatives and includes auxiliary Pauli-Villars fields which amounts to a spontaneously broken SU(N|N) super-gauge theory. We demonstrate perturbatively that the extended theory is ultra-violet finite in four dimensions and argue that it has a sensible limit when the regularization cutoff is removed.
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Arnone et al. (2001) studied this question.
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