We consider various exchange-driven electronic instabilities in semiconductor
double-layer systems in the absence of any external magnetic field. We
establish that there is no exchange-driven bilayer to monolayer charge transfer
instability in the double-layer systems. We show that, within the unrestricted
Hartree-Fock approximation, the low density stable phase (even in the absence
of any interlayer tunneling) is a quantum ``pseudospin rotated'' spontaneous
interlayer phase coherent spin-polarized symmetric state rather than the
classical Ising-like charge-transfer phase. The U(1) symmetry of the double
quantum well system is broken spontaneously at this low density quantum phase
transition, and the layer density develops quantum fluctuations even in the
absence of any interlayer tunneling. The phase diagram for the double quantum
well system is calculated in the carrier density--layer separation space, and
the possibility of experimentally observing various quantum phases is
discussed. The situation in the presence of an external electric field is
investigated in some detail using the
spin-polarized-local-density-approximation-based self-consistent technique and
good agreement with existing experimental results is obtained.Comment: 24 pages, figures included. Also available at
http://www-cmg.physics.umd.edu/~lzheng/preprint/ct.uu/ . Revised final
version to appear in PR