A pseudo-Nambu-Goldstone boson, with a potential of the form V(ϕ)=Λ4[1±cos(ϕ/f)],naturallygivesrisetoinflationiff \sim M_{Pl}and\Lambda \sim M_{GUT}.Weshowhowthiscanariseintechnicolor−likeandsuperstringmodels,andworkoutanexplicitstringexampleinthecontextofmultiplegauginocondensationmodels.Westudythecosmologyofthismodelindetail,andfindthatsufficientreheatingtoensurethatbaryogenesiscantakeplacerequiresf > 0.3 M_{Pl}.Theprimordialdensityfluctuationspectrumgeneratedisanon−scale−invariantpowerlaw,P(k) \propto k~{n_s},withn_s \simeq 1 - (M~2_{Pl}/8\pi f~2),leadingtomorepoweronlargelengthscalesthanthen_s = 1Harrison−Zeldovichspectrum.ThestandardCDMmodelwith0 \la n_s \la 0.6-0.7couldinprincipleexplainthelarge−scaleclusteringobservedintheAPMandIRASgalaxysurveysaswellaslarge−scaleflows,buttheCOBEmicrowaveanisotropyimpliessuchlowamplitudes(orhighbiasfactors,b>2)fortheseCDMmodelsthatgalaxyformationoccurstoolatetobeviable;combiningCOBEwithsufficientlyearlygalaxyformationorthelarge−scaleflowsleadston_s >0.6,orf > 0.3 M_{Pl}aswell.Forextendedandpowerlawinflationmodels,thisconstraintiseventighter,n_s > 0.7$; combined with other bounds on large bubbles in extended inflation, this leaves little room for most extended models.
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