Rapidly converging truncation scheme of the exact renormalization group

The truncation scheme dependence of the exact renormalization group equations is investigated for scalar field theories in three dimensions. The exponents are numerically estimated to the next-to-leading order of the derivative expansion. It is found that the convergence property in various truncations in the number of powers of the fields is remarkably improved if the expansion is made around the minimum of the effective potential. It is also shown that this truncation scheme is suitable for evaluation of infrared effective potentials. The physical interpretation of this improvement is discussed by considering O(N) symmetric scalar theories in the large N limit.