In this paper, we employ the product-reactant Ornstein-Zernike approach (PR
OZA) developed by the authors to investigate the structural and thermodynam
ic properties of freely-jointed hard-sphere ring fluids. Using an Mxm compo
nent sticky two-point (S2P) model and specifying an appropriate association
rule between various species, the associating monomers will form M rings w
ith each ring composed of m beads in the complete-association limit. Applyi
ng the PROZA to such a Hamiltonian and considering the limit of complete as
sociation, we are able to derive analytical expressions for the average mon
omer-monomer radial distribution function (RDF) as well as its intermolecul
ar and intramolecular contributions and a closed form of the compressibilit
y pressure. To test the theory, we also perform Monte Carlo simulations for
the freely-jointed hard-sphere ring model over a wide range of densities a
nd ring sizes. Compared to the simulation results, we find that the predict
ions of the PROZA for the compressibility factor of flexible ring melts are
quantitatively accurate and the average monomer-monomer RDF g(r) is in exc
ellent agreement with the simulation data over a wide range of densities th
at includes the polymer-melt regime. Based upon such a comparison as well a
s theoretical considerations, we conclude that ring-size independence of g(
r) is a quantitatively accurate approximation and also that the g(r) of rin
gs will be a good approximation for melts of long chains. Finally, we find
that we must go beyond our PROZA framework in order to accurately obtain th
e separate intramolecular and intermolecular parts of g(r), for which we gi
ve a quantitatively satisfactory recipe. (C) 2000 American Institute of Phy
sics. [S0021-9606(00)50206-2].