Minimal Coleman-Weinberg theory explains the diphoton excess

We replace the standard Higgs-mechanism by the Coleman-Weinberg mechanism, and investigate its viability through the addition of a new scalar field. As we showed in a previous study, minimal models of this type can alleviate the hierarchy problem of the Higgs-mass through the so-called Veltman conditions. We here extend the previous analysis by taking into account the important difference between running mass and pole mass of the scalar states. We then investigate whether these theories can account for the 750 GeV excess in diphotons observed by the LHC collaborations. New QCD-colored fermions in the TeV mass range coupled to the new scalar state are needed to describe the excess. We further show, by explicit computation of the running of the couplings, that the model is under perturbative control till just above the masses of the heaviest states of the theory. We further suggest related testable signatures and thereby show that the LHC experiments can test these models.