Non-existence of a dilaton gravity action for the exact string black hole

We prove that no local diffeomorphism invariant two-dimensional theory of the metric and the dilaton without higher derivatives can describe the exact string black hole solution found a decade ago by Dijkgraaf, Verlinde and Verlinde. One of the key points in this proof is the concept of dilaton-shift invariance. We present and solve (classically) all dilaton-shift invariant theories of two-dimensional dilaton gravity. Two such models, resembling the exact string black hole and generalizing the CGHS model, are discussed explicitly.

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