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The organic salt $\alpha$-(BEDT-TTF)$_2$I$_3$ is considered a model systemfor metal-insulator transition due to electronic charge ordering at $T_{\rmCO}=135$~K. The optical properties obtained from polarized reflectionmeasurements above and below $T_{\rm CO}$ can be well described by calculationsbased on first-principle density-functional theory (DFT). We discuss the effectof electronic correlations on the metal-insulator transition.

Effect of electronic correlations on the metal-insulator transition of  $\alpha$-(BEDT-TTF)$_2$I$_3$: theoretical and experimental investigations of  its optical properties