With a variational three-body calculation we study the role of the interplay between the on-site Coulomb, Hund's rule, and superexchange interactions on the spin-wave excitation spectrum of itinerant ferromagnets. We show that correlations between a Fermi sea electron-hole pair and a magnon result in a very pronounced zone boundary softening and strong deviations from the Heisenberg spin-wave dispersion. We show that this spin dynamics depends sensitively on the Coulomb and exchange interactions and discuss its possible relevance to recent experiments in the manganites.
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Kapetanakis et al. (2007) studied this question.
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