Institute for Advanced Study/Princeton University Early Universe/Cosmology Lunch Discussion

The effective field theory of large-scale structure allows for a consistent perturbative bias expansion of the rest-frame galaxy density field. In this talk, I present a systematic approach to renormalize galaxy bias and stochastic parameters using a finite cutoff scale Λ. I will derive the differential equations of the Wilson-Polchinski renormalization group that describe the evolution of the finite-scale bias parameters with Λ, analogous to the β-function running in QFT. We further provide the connection between the finite-cutoff scheme and the renormalization procedure for n-point functions that has been used as standard in the literature so far; some inconsistencies in the treatment of renormalized bias in current EFT analyses are pointed out as well. The fixed-cutoff scheme allows us to predict, in a principled way, the finite part of loop contributions which is due to perturbative modes and which, in the standard renormalization approach, is absorbed into counterterms. We expect that this will allow for the robust extraction of (a yet-to-be-determined amount of) additional cosmological information from galaxy clustering, both when using field-level techniques and n-point functions.