With , the logarithm is the connected generating functional. Its derivative is the mean field. The specified Legendre transform satisfies , and the quantum effective action generates amputated one-particle-irreducible vertices by further functional derivatives. In this question is the negative of the commonly used Minkowski effective-action convention; consequently its tree term is . Its diagrammatic content is unchanged if the convention is used consistently.
Expand the action around a stationary background in the presence of the source. For , integration by parts gives
The linear term vanishes at the tree-level saddle, . Keeping the Gaussian fluctuation approximation, and fixing the field-independent normalization, gives
to one-loop order. The shift from the tree saddle to the exact mean field cancels from the tree Legendre transform at this order. Hence the one-loop scalar effective action in the question's convention is
The functional determinant has a Feynman i-epsilon prescription before Wick rotation. Higher loops come from the omitted cubic and higher fluctuation vertices.
To see the one-loop one-particle-irreducible Feynman diagrams, write . Its determinant expansion is
Each trace closes a single scalar loop, with propagators and background insertions . No internal edge is a bridge, so these graphs are one-particle irreducible. Expanding the background factors produces their external legs.
For a constant , set . The quantum effective potential is defined here by . A plane-wave basis diagonalizes , and the supplied Wick rotation converts its correction per unit volume to
Here the power of the renormalization scale keeps the continued integral in four-dimensional units. The Gamma function recurrence and expansion give
Consequently
The divergence is local, so subtract it with a potential counterterm. In the modified minimal subtraction scheme, remove its associated constants as well. The one-loop scalar effective potential becomes
up to an arbitrary field-independent vacuum-energy constant. Another allowed finite subtraction replaces the nonlogarithmic constant. Restoring a loop-counting parameter would multiply the displayed correction by . The logarithm assumes positive curvature ; a background with negative curvature requires an analytic continuation and can have an imaginary part signalling instability.
The quartic case is special because of quartic closure of scalar effective-potential counterterms. If has degree at most four, then has degree at most two and has degree at most four: its pole is removable by the original polynomial couplings and a constant. For example, gives
The last two terms reproduce the one-loop massive phi-fourth counterterms, and the first is a vacuum-energy subtraction. A degree- potential with instead generates degree , forcing new operators. This is the potential-level manifestation of power counting in quantum field theory and four-dimensional renormalizability, even though the finite effective potential itself need not remain polynomial.