Finite-Size Scaling for the Baxter-Wu Model Using Block Distribution Functions

In the present work, we present an alternative way of applying the well-known finite-size scaling (FSS) theory in the case of a Baxter-Wu model using Binder-like blocks. Binder’s ideas are extended to estimate phase transition points and the corresponding scaling exponents not only for magnetic but also for energy properties, saving computational time and effort. The vast majority of our conclusions can be easily generalized to other models.