Dipole and quadrupole polarizabilities of the pion

Data on pion polarizabilities obtained in different experiments are reviewed. The values of the dipole and quadrupole polarizabilities of the pi^0 and pi^{±} mesons found are compared with predictions of dispersion sum rules (DSRs) and two-loop calculations in the framework of chiral perturbation theory (ChPT). Possible reasons of a difference between the predictions of DSRs and ChPT are discussed.