A model is presented that simultaneously describes shape coexistence and quadrupole and octupole collective excitations within a theoretical framework based on the nuclear density functional theory and the interacting boson model. An optimal interacting-boson Hamiltonian that incorporates the configuration mixing between normal and intruder states, as well as the octupole degrees of freedom, is identified by means of self-consistent mean-field calculations using a universal energy density functional and a pairing interaction, with constraints on the triaxial quadrupole and the axially-symmetric quadrupole and octupole shape degrees of freedom. An illustrative application to the transitional nuclei $^{72}$Ge, $^{74}$Se, $^{74}$Kr, and $^{76}$Kr shows that the inclusion of the intruder states and the configuration mixing significantly lower the energy levels of the excited $0^+$ states, and that the predicted low-lying positive-parity states are characterized by the strong admixture of nearly spherical, weakly deformed oblate, and strongly deformed prolate shapes. The low-lying negative-parity states are shown to be dominated by the deformed intruder configurations.
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