A functional-analysis derivation of the parquet equation

The parquet equation is an exact field-theoretic equation known since the 60s that under-lies numerous approximations to solve strongly correlated Fermion systems. Its deriva-tion previously relied on combinatorial arguments classifying all diagrams of the two -particle Green's function in terms of their (ir)reducibility properties. In this work we provide a derivation of the parquet equation solely employing techniques of functional analysis namely functional Legendre transformations and functional derivatives. The advantage of a derivation in terms of a straightforward calculation is twofold: (i) the quantities appearing in the calculation have a clear mathematical definition and inter-pretation as derivatives of the Luttinger-Ward functional; (ii) analogous calculations to the ones that lead to the parquet equation may be performed for higher-order Green's functions potentially leading to a classification of these in terms of their (ir)reducible components.