Abstract
Using a theoretical framework based on the next-to-leading order QCD-improved effective Hamiltonian and a factorization Ansatz for the hadronic matrix elements of the four-quark operators, we reassess branching fractions in two-body non-leptonic decays , involving the lowest lying light pseudoscalar and vector mesons in the standard model. Using the sensitivity of the decay rates on the effective number of colors, , as a criterion of theoretical predictivity, we classify all the current-current (tree) and penguin transitions in five different classes. The recently measured charmless two-body decays and charge conjugates) are dominated by the -stable QCD penguins (class-IV transitions) and their estimates are consistent with data. The measured charmless and transition , on the other hand, belong to the penguin (class-V) and tree (class-III) transitions. The class-V penguin transitions are in general more difficult to predict. We propose a number of tests of the factorization framework in terms of the ratios of branching ratios for some selected decays involving light hadrons and , which depend only moderately on the form factors. We also propose a set of measurements to determine the effective coefficients of the current-current and QCD penguin operators. The potential impact of decays on the CKM phenomenology is emphasized by analyzing a number of decay rates in the factorization framework.
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