  We present a detailed study of the optical absorption spectra of DNA bases
and base pairs, carried out by means of time dependent density functional
theory. The spectra for the isolated bases are compared to available
theoretical and experimental data and used to assess the accuracy of the method
and the quality of the exchange-correlation functional: Our approach turns out
to be a reliable tool to describe the response of the nucleobases. Furthermore,
we analyze in detail the impact of hydrogen bonding and $\pi$-stacking in the
calculated spectra for both Watson-Crick base pairs and Watson-Crick stacked
assemblies. We show that the reduction of the UV absorption intensity
(hypochromicity) for light polarized along the base-pair plane depends strongly
on the type of interaction. For light polarized perpendicular to the basal
plane, the hypochromicity effect is reduced, but another characteristic is
found, namely a blue shift of the optical spectrum of the base-assembly
compared to that of the isolated bases. The use of optical tools as
fingerprints for the characterization of the structure (and type of
interaction) is extensively discussed.
