Light-cone expansions,the parton model and virtual γγ scattering

It is shown that it is sufficient to use the light-cone algebra of currents and the algebra of bilocal operators to find the asymptotic behaviour of the γγ scattering amplitude when one (or two) of the photon masses q_1,2² is large, and for an arbitrary value of the energy squared s = (q₁+q₂)². A general form of this asymptotic behaviour is obtained. The box-diagram is dominant over the wide region in $\text{s(μ}{}^2\text{« s « q}{}_1{}^2\text{q}{}_2{}^2\text{/μ}{}^2\text{,μ ～ 1}\text{GeV}\text{)}$ and so the asymptotic amplitude is known completely. It is shown that the parton model of the type of ref.8] gives the same predictions for the asymptotic behaviour of the γγ amplitude.