We propose and discuss a new approach to the analysis of the correlation functions which contain light-like Wilson lines or loops, the latter being cusped in addition. The objects of interest are therefore the light-like Wilson null-polygons, the sof
t factors of the parton distribution and fragmentation functions, high-energy scattering amplitudes in the eikonal approximation, gravitational Wilson lines, etc. Our method is based on a generalization of the universal quantum dynamical principle by J. Schwinger and allows one to take care of extra singularities emerging due to light-like or semi-light-like cusps. We show that such Wilson loops obey a differential equation which connects the area variations and renormalization group behavior of those objects and discuss the possible relation between geometrical structure of the loop space and area evolution of the light-like cusped Wilson loops.
We address a connection between the energy evolution of the polygonal light-like Wilson exponentials and the geometry of the loop space with the gauge invariant Wilson loops of a variety of shapes being the fundamental degrees of freedom. The renorma
lization properties and the differential area evolution of these Wilson polygons are studied by making use of the universal Schwinger quantum dynamical approach. We discuss the appropriateness of the dynamical differential equations in the loop space to the study of the energy evolution of the collinear and transverse-momentum dependent parton distribution functions.
We discuss the possible relation between certain geometrical properties of the loop space and energy evolution of the cusped Wilson exponentials defined on the light-cone. Analysis of the area differential equations for this special class of the Wils
on loops calls for careful treatment of the ultraviolet and rapidity divergences which make those loops non-multiplicatively-renormalizable. We propose to consider the renormalization properties of the light-cone cusped Wilson loops from the point of view of the universal quantum dynamical approach introduced by Schwinger. We conjecture and discuss the relevance of the Makeenko-Migdal loop equations supplied with the modified Schwinger principle to the energy evolution of some phenomenologically significant objects, such as transverse-momentum dependent distribution functions, collinear parton densities at large-$x$, etc.
