Abstract
The effective two-band $t\ensuremath{-}J$ Hamiltonian for holes in Cu-O planes of cuprates is obtained from the three-band Hubbard Hamiltonian. In this model a doped oxygen hole together with two neighboring copper holes is treated as a composite spin-$\frac{1}{2}$ three-sites particle. The model is studied by exact diagonalization in a ${\mathrm{Cu}}_{16}{\mathrm{O}}_{32}$ square cluster. Both binding energy and hole-hole correlation function indicate that two holes bind together for $J/t>0.11$ and are predominantly located on the next-nearest oxygen sites in the same Cu-O chain. Electron-phonon interaction is studied in the adiabatic phonons approximation. Copper (\ensuremath{\pi},0) ``half-breathing'' mode is shown to couple strongly to doped holes and increase the hole-hole correlation as well as the binding energy. These results are compared with experimental data.
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