Using results on soft-collinear factorization for inclusive B-meson decay
distributions, a systematic study of the partial B→Xsγ decay rate
with a cut Eγ>E0 on photon energy is performed. For values of E0
below about 1.9 GeV, the rate can be calculated without reference to shape
functions using a multi-scale operator product expansion (MSOPE). The
transition from the shape-function region to the MSOPE region is studied
analytically. The resulting prediction for the B→Xsγ branching ratio
depends on three large scales: mb, mbΔ, and
Δ=mb−2E0. Logarithms associated with these scales are resummed at
next-to-next-to-leading logarithmic order. While power corrections in
ΛQCD/Δ turn out to be small, the sensitivity to the scale
Δ≈1.1 GeV (for E0≈1.8 GeV) introduces significant
perturbative uncertainties, which so far have been ignored. The new theoretical
prediction for the B→Xsγ branching ratio with Eγ≥1.8 GeV
is Br(B→Xsγ)=(3.38−0.42−0.30+0.31+0.32)×10−4, where
the first error is an estimate of perturbative uncertainties and the second one
reflects uncertainties in input parameters. With this cut (89−7+6±1) of all events are contained. The implications of larger theory
uncertainties for New Physics searches are briefly explored with the example of
the type-II two-Higgs-doublet model, for which the lower bound on the
charged-Higgs mass is reduced compared with previous estimates to approximately
200 GeV at 95% confidence level.Comment: 39 pages, 3 figures. Results for two-loop anomalous dimensions
(Appendix A.1) corrected, correlations between input parameters included,
numerical analysis update