Abstract
In our previous paper with Maulik, we proposed a conjectural Gopakumar-Vafa (GV) type formula for the generating series of stable pair invariants on Calabi-Yau (CY) 4-folds. The purpose of this paper is to give an interpretation of the above GV type formula in terms of wall-crossing phenomena in the derived category. We introduce invariants counting LePotier's stable pairs on CY 4-folds, and show that they count certain stable objects in D0-D2-D8 bound states in the derived category. We propose a conjectural wall-crossing formula for the generating series of our invariants, which recovers the conjectural GV type formula. Examples are computed for both compact and toric cases to support our conjecture.
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