Towards a sensitive search for variation of the fine structure constant using radio-frequency E1 transitions in atomic dysprosium

It has been proposed that the radio-frequency electric-dipole (E1) transition between two nearly degenerate opposite-parity states in atomic dysprosium should be highly sensitive to possible temporal variation of the fine structure constant ($\alpha$) [V. A. Dzuba, V. V. Flambaum, and J. K. Webb, Phys. Rev. A {\bf 59}, 230 (1999)]. We analyze here an experimental realization of the proposed search in progress in our laboratory, which involves monitoring the E1 transition frequency over a period of time using direct frequency counting techniques. We estimate that a statistical sensitivity of $|\adota| \sim 10^{-18}$/yr may be achieved and discuss possible systematic effects that may limit such a measurement.