Abstract
The theory of nanosize point contacts made of ferromagnetic metals is developed. A general quantum scattering theory is applied to calculate magnetoresistance of a nanocontact with a domain wall located in the constriction. The exact solution of the electron motion in a potential of the linear domain wall is used as a zero-order approximation. Spin-flip and spin-conserving quantized conductances of the nanocontact are calculated by the perturbation theory by the difference between the model and the Cabrera–Falicov potentials of the domain wall. It is explicitly shown that spin-flip conductance imposes natural limitation on magnetoresistance of the point contact, which otherwise diverges in the regime of complete spin-rectified conductance through the contact.
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