A renormalization-group analysis of the classical theory of metastability is given. It is shown that below the critical point there is a "spinodal" fixed point associated with the Van der Waals loop in the mean-field equation of state. An analysis of the linearized renormalization equations correctly yields the singularity in the free energy near the spinodal point.
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Gunton et al. (1978) studied this question.
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