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Effect of electronic correlations on the metal-insulator transition of $α$-(BEDT-TTF)$_2$I$_3$: theoretical and experimental investigations of its optical properties

The organic salt $α$-(BEDT-TTF)$_2$I$_3$ is considered a model system for metal-insulator transition due to electronic charge ordering at $T_{\rm CO}=135$~K. The optical properties obtained from polarized reflection measurements above and below $T_{\rm CO}$ can be well described by calculations based on first-principle density-functional theory (DFT). We discuss the effect of electronic correlations on the metal-insulator transition.