Overview: This volume contains the proceedings of the first in a series of biennial NEC Symposia on Fundamental Approaches to New Material Phases sponsored by the NEC Corporation, Tokyo, Japan. The symposium was held Octo- ber 20-22, 1986, at Hakone Kanko Hotel in Hakone near Mt. Fuji, and on October 23 at NEC Laboratories in Kawasaki, Japan. About 40 partic- ipants stayed together at the symposium sites during this period. They enjoyed intense and wide-ranging discussions in a conference room facing Mt. Fuji and the beautiful lake Ashinoko extending from the foot of the slope in the old crate
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