Simon B., Zhu Y.F. The Lyapunov exponents for Schr\"odinger operators with slowly oscillating potentials (38K, AMSTeX) ABSTRACT. By studying the integrated density of states, we prove the existence of Lyapunov exponents and the Thouless formula for the Schr\"odinger operator $-d^2/ dx^2 + \cos x^{\nu}$ with $0< \nu < 1$ on $L^2[0,\infty)$. This yields an explicit formula for these Lyapunov exponents. By applying rank one perturbation theory, we also obtain some spectral consequences.