Abstract
We analyze in detail the D-branes in the near-horizon limit of NS5-branes on a circle, the holographic dual of little string theory in a double scaling limit. We emphasize their geometry in the background of the NS5-branes and show the relation with D-branes in coset models. The exact one-point functions giving the coupling of the closed string states with the D-branes and the spectrum of open strings are computed. Using these results, we analyze several aspects of Hanany–Witten setups, using exact CFT analysis. In particular we identify the open string spectrum on the D-branes stretched between NS5-branes which confirms the low-energy analysis in brane constructions, and that allows to go to higher energy scales. As an application we show the emergence of the beta-function of the N = 2 gauge theory on D4-branes stretching between NS5-branes from the boundary states describing the D4-branes. We also speculate on the possibility of getting a matrix model description of little string theory from the effective theory on the D1-branes. By considering D3-branes orthogonal to the NS5-branes we find a CFT incarnation of the Hanany–Witten effect of anomalous creation of D-branes. Finally we give an brief description of some non-BPS D-branes.
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