Related papers: Quantum Algorithms for Portfolio Optimization
With reference to a search in a database of size N, Grover states: "What is the reason that one would expect that a quantum mechanical scheme could accomplish the search in O(square root of N) steps? It would be insightful to have a simple…
In this work, we design quantum algorithms that are more efficient than classical algorithms to solve time-dependent and finite-horizon Markov Decision Processes (MDPs) in two distinct settings: (1) In the exact dynamics setting, where the…
Harrow, Hassidim, and Lloyd showed that for a suitably specified $N \times N$ matrix $A$ and $N$-dimensional vector $\vec{b}$, there is a quantum algorithm that outputs a quantum state proportional to the solution of the linear system of…
Constrained optimization problems are ubiquitous in science and industry. Quantum algorithms have shown promise in solving optimization problems, yet none of the current algorithms can effectively handle arbitrary constraints. We introduce…
In this paper we construct quantum algorithms for matrix products over several algebraic structures called semirings, including the (max,min)-matrix product, the distance matrix product and the Boolean matrix product. In particular, we…
Portfolio optimization (PO) is extensively employed in financial services to assist in achieving investment objectives. By providing an optimal asset allocation, PO effectively balances the risk and returns associated with investments.…
Quantum algorithms and complexity have recently been studied not only for discrete, but also for some numerical problems. Most attention has been paid so far to the integration problem, for which a speed-up is shown by quantum computers…
Quantum optimization allows for up to exponential quantum speedups for specific, possibly industrially relevant problems. As the key algorithm in this field, we motivate and discuss the Quantum Approximate Optimization Algorithm (QAOA),…
In this paper, we obtain a number of new simple pseudo-polynomial time algorithms on the well-known knapsack problem, focusing on the running time dependency on the number of items $n$, the maximum item weight $w_\mathrm{max}$, and the…
Dimensionality reduction (DR) algorithms, which reduce the dimensionality of a given data set while preserving the information of the original data set as well as possible, play an important role in machine learning and data mining. Duan…
In this paper we provide new quantum algorithms with polynomial speed-up for a range of problems for which no such results were known, or we improve previous algorithms. First, we consider the approximation of the frequency moments $F_k$ of…
Identifying the best arm of a multi-armed bandit is a central problem in bandit optimization. We study a quantum computational version of this problem with coherent oracle access to states encoding the reward probabilities of each arm as…
Learning low dimensional representation is a crucial issue for many machine learning tasks such as pattern recognition and image retrieval. In this article, we present a quantum algorithm and a quantum circuit to efficiently perform…
Quantum mechanics is well known to accelerate statistical sampling processes over classical techniques. In quantitative finance, statistical samplings arise broadly in many use cases. Here we focus on a particular one of such use cases,…
Since Harrow, Hassidim, and Lloyd (2009) showed that a system of linear equations with $N$ variables and condition number $\kappa$ can be solved on a quantum computer in $\operatorname{poly}(\log(N), \kappa)$ time, exponentially faster than…
We consider online algorithms for the $k$-server problem on trees. Chrobak and Larmore proposed a $k$-competitive algorithm for this problem that has the optimal competitive ratio. However, a naive implementation of their algorithm has…
We present quantum algorithms for the following graph problems: finding a maximal bipartite matching in time O(n sqrt{m+n} log n), finding a maximal non-bipartite matching in time O(n^2 (sqrt{m/n} + log n) log n), and finding a maximal flow…
We give quantum speedups of several general-purpose numerical optimisation methods for minimising a function $f:\mathbb{R}^n \to \mathbb{R}$. First, we show that many techniques for global optimisation under a Lipschitz constraint can be…
Quantum algorithms offer significant speed-ups over their classical counterparts in various applications. In this paper, we develop quantum algorithms for the Kalman filter widely used in classical control engineering using the block…
We present a quantum algorithm to solve dynamic programming problems with convex value functions. For linear discrete-time systems with a $d$-dimensional state space of size $N$, the proposed algorithm outputs a quantum-mechanical…