Polchinski equation (${\dot{S}}_1=\frac{1}{2}\dot{C}:(S_1^{\prime }{S}_1^{\prime }-S_1^{\prime \prime })$)

The Polchinski equation changes an interaction action with its regulated Gaussian covariance so that the normalized functional integral stays unchanged. In operator notation, ${\dot{e}}^{-S_1}=-\dot{C}:{\delta }^2{e}^{-S_1}/2$. The resulting action flow has a product of first functional derivatives, joining two vertices, and a second derivative, closing two legs into a loop. It generates a Wilsonian effective action, which is not the same functional as the one-particle-irreducible correlation functions encoded by the quantum effective action.