Gravitational dynamics from collective field theory

We consider the relevance of a collective field theory description for the AdS/CFT correspondence. Collective field theory performs a systematic reorganization of the degrees of freedom of a (non-gravitational) field theory, replacing the original loop expansion parameter $\hbar$ with $1/N$. Collective fields are over complete signalling a redundancy inherent in the theory. We propose that this over completeness is the mechanism by which one arrives at a holographic description, to be identified with the gravity dual. We find evidence for this by studying the redundancy of the collective field theory, showing that degrees of freedom in the bulk can be expressed as a linear combination of degrees of freedom contained in an arbitrarily small neighbourhood of the boundary.