Abstract
ABSTRACT In this paper, we demonstrate the severity of the degeneracy between the microlens-parallax and lens-orbital effects by presenting the analysis of the gravitational binary-lens event OGLE-2015-BLG-0768. Despite the obvious deviation from the model based on the linear observer motion and the static binary, it is found that the residual can be almost equally well explained by either the parallactic motion of the Earth or the rotation of the binary-lens axis, resulting in the severe degeneracy between the two effects. We show that the degeneracy can be readily resolved with the additional data provided by space-based microlens parallax observations. By enabling us to distinguish between the two higher-order effects, space-based microlens parallax observations will not only make it possible to accurately determine the physical lens parameters but also to further constrain the orbital parameters of binary lenses.
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