Abstract
I calculate exciton states of laterally confined, symmetric, double-quantum-well structures in electric fields to study interwell tunneling and electron-hole Coulomb correlation effects. When correlation is dominant, the zero-field exciton ground state is a coherent state of direct excitons in both wells with enhanced oscillator strength. For increasing field, the ground state becomes direct in a single well and then indirect, and exciton peaks in the absorption spectra evolve asymmetrically.
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