From Digital to Analogue Magnetoelectronics: Theory of Transport in Non-Collinear Magnetic Nanostructures
Magnetoelectronics is mainly digital, i.e. governed by up and down magnetizations. In contrast, analogue magnetoelectronics makes use of phenomena occuring for non-collinear magnetization configurations. Here we review theories which have recently been applied to the transport in non-collinear magnetic nanostructures in two and multiterminal structures, viz. random matrix and circuit theory. Both are not valid for highly transparent systems in a resistive environment like perpendicular metallic spin valves. The solution to this problem is a renormalization of the conventional and spin-mixing conductance parameters.