We consider the Nernst effect in the normal state of the underdoped cuprate superconductors, where recent quantum oscillation experiments have indicated the existence of Fermi surface pockets and quasiparticle ambipolarity in the excitation spectrum. Using an ambipolar d-density-wave model for the pseudogap, we predict a peak in the Nernst coefficient with decreasing temperature below the pseudogap temperature. The existence of the peak and its sign, which we predict to be the same as that due to mobile vortices in a superconductor, result from the dominance of the electron pocket at low temperatures, as has been observed in recent Hall experiments.
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Tewari et al. (2009) studied this question.
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