On the Ultraviolet Divergence in Qed

The well-known physical equivalence drawn from hole theory is applied in this article. The author suggests to replace, in the part of Feynman diagram which cannot be fixed by experiments, each fermion field operator, and hence fermion propagator, by pairs of equivalent fermion field operators and propagators. The formulation of this article thus yields additional terms which reveal characteristic effects that have not been explored previously; such characteristic effects lead to the appearence of logarithmic running terms and that finite radiative corrections are directly obtained in calculations. PACS numbers: 03.70; 11.10.-z; 11.10.Gh; 12.20.Ds. Published in Hadronic Journal 21 (1998) 583-612.