[tex]\alpha[/tex] can be any number. If your final expression depended on [tex]\alpha[/tex], the dimension of your action would depend on [tex]\alpha[/tex], but this cannot be. Also, you have made a mistake in your first step: I said the dimension of the action is the same as the dimension of [tex]\hbar[/tex], so since the action is the space-time integral of the Lagrangian, the Lagrangian has dimensions of
[tex][\hbar] \mathrm{m}^{-3} \mathrm{s}^{-1}[/tex], which is (since [tex][\hbar] = [energy] \mathrm[/tex]) equal to [tex][energy] \mathrm{m}^{-3}[/tex].
Also, you forgot that there could be a factor containing c and [tex]\hbar[/tex] multiplying the kinetic term. So you should reason as follows:
- M must have the same units as [tex]\phi[/tex], since otherwise the dimension of the action wouldn't be independent of [tex]\alpha[/tex]
- The dimensions of the potential term are therefore dimensions of some unknown function of c and [tex]\hbar[/tex], times the unit of [tex]\phi^4[/tex], so
[V] = (m/s)^a (kg m²/s)^b [φ]⁴ = kg/m/s² (since that's the dimension of the Lagrangian)
- The dimensions of the kinetic term are analogously
[T] = (m/s)^c (kg m²/s)^d (1/m [φ])² = kg/m/s²
Therefore, from the kinetic term we get [φ]² = kg m/s² (s/m)^c (s/kg/m²)^d, and inserting this into the potential term we have
(m/s)^a (kg m²/s)^b kg m³/s² (s/m)^(2c) (s/kg/m²)^(2d) = 1
For the kilograms we get kg^b kg (1/kg)^(2d) = 1, so b+1-2d=0.
For the seconds we get (1/s)^a (1/s)^b 1/s² s^(2c) s^(2d) = 1, so -a-b-2+2c+2d=0.
For the meters we get m^a (m²)^b m³ (1/m)^2c (1/m²)^(2d) = 1, so a+2b-2c-4d=0.
Now you need to solve those three equations. Combining the second and third, I get
b-2d=-1
b-2d=2
This is clearly inconsistent, so unless I made an error in my calculation (which may be), you quintessence potential is either nonsense, or you have to put in an extra factor of [tex]c^\alpha[/tex] or [tex]c^{2\alpha}[/tex] or [tex]\hbar^\alpha[/tex] or the like in your potential to account for the [tex]\alpha[/tex] dependence. Then the dimension of V times this factor should be independent of [tex]\alpha[/tex]. I think you can do the calculation from there on yourself, you may need to try a bit.