The nonlocal bistable equation is a model proposed recently to study materi
als whose constitutive relations among the variables that describe their st
ates are nonlocal. It resembles the local bistable equation (the Allen-Cahn
equation) in some way, but contains a much richer set of solutions. In thi
s paper we consider two types of solutions. The first are the periodic solu
tions on a finite interval. These solutions are observed in materials like
elastic crystals undergoing martensitic phase transitions and diblock copol
ymers at low temperatures. They are constructed by a variational method kno
wn as the Gamma -limit technique. The second are solutions on the entire re
al line with transition layers, which are found by the formal matched asymp
totics argument. We construct them to compare with the single layer heteroc
linic and traveling wave solutions of the local bistable equation. The exis
tence of multiple layered solutions depends on a unique nonlocal feature: t
he presence of two properly balanced competing effects of the constitutive
relation, the oscillation inhibiting effect and the oscillation forcing eff
ect, which coexist at two different length scales. (C) 2000 Elsevier Scienc
e B.V. All rights reserved.