Microscopic Modeling of Correlated Systems Under Pressure: Representative Examples

The complex interplay between different order parameters in correlated systems can be finely tuned by mechanical pressure giving access to a variety of distinct phases and thereby providing new functionalities. This review addresses the challenges in the state‐of‐the‐art theoretical simulations of pressure‐induced phenomena on a few representative examples of correlated systems that are currently in the focus of on‐going contemporary research....