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The collective behavior of correlated electrons in the VOinterface layer of LaVO/SrTiO heterostructure is studied within a quarter-filled -orbital Hubbard model on a square lattice. We argue that the ground state is ferromagnetic driven by the double exchange mechanism, and is orbitally and charge ordered due to a confined geometry and electron correlations. The orbital and charge density waves open gaps on the entire Fermi surfaces of all orbitals. The theory explains the observed insulating behavior of the -type interface between LaVO and SrTiO.

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