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Utility-based shortfall risk (UBSR), a convex risk measure sensitive to tail losses, has gained popularity in recent years. However, research on computational methods for UBSR optimization remains relatively scarce. In this paper, we…

Optimization and Control · Mathematics 2025-10-23 Rufeng Xiao , Zhiping Li , Rujun Jiang

Combinatorial optimization is a fundamental challenge in various domains, with portfolio optimization standing out as a key application in finance. Despite numerous quantum algorithmic approaches proposed for this problem, most overlook a…

In a recent study (Ref. [1]), quantum annealing was reported to exhibit a scaling advantage for approximately solving Quadratic Unconstrained Binary Optimization (QUBO). However, this claim critically depends on the choice of classical…

Quantum Physics · Physics 2025-05-29 J. Pawlowski , P. Tarasiuk , J. Tuziemski , L. Pawela , B. Gardas

Resource scheduling is critical in many industries, especially in power systems. The Unit Commitment problem determines the on/off status and output levels of generators under many constraints. Traditional exact methods, such as…

Systems and Control · Electrical Eng. & Systems 2025-11-04 Tyler Christeson , Md Habib Ullah , Ali Arabnya , Amin Khodaei , Rui Fan

We introduce a novel approach to solving dynamic programming problems, such as those in many economic models, on a quantum annealer, a specialized device that performs combinatorial optimization. Quantum annealers attempt to solve an…

General Economics · Economics 2023-06-08 Jesús Fernández-Villaverde , Isaiah Hull

A multi-objective logistics optimization problem from a real-world supply chain is formulated as a Quadratic Unconstrained Binary Optimization Problem (QUBO) that minimizes cost, emissions, and delivery time, while maintaining target…

Optimization and Control · Mathematics 2026-02-06 Raoul Heese , Timothée Leleu , Sam Reifenstein , Christian Nietner , Yoshihisa Yamamoto

The demand for classical-quantum hybrid algorithms to solve large-scale combinatorial optimization problems using quantum annealing (QA) has increased. One approach involves obtaining an approximate solution using classical algorithms and…

Quantum Physics · Physics 2024-11-12 Taisei Takabayashi , Masayuki Ohzeki

Quantum annealing approximately solves combinatorial optimization problems by leveraging the principles of adiabatic quantum systems. In this approach, the system's Hamiltonian evolves from an initial general state to a problem-specific…

We formulate automated market maker (AMM) \emph{rebalancing} as a binary detection problem and study a hybrid quantum--classical self-attention block, \textbf{Quantum Adaptive Self-Attention (QASA)}. QASA constructs quantum…

Quantum Physics · Physics 2025-09-23 Chi-Sheng Chen , Aidan Hung-Wen Tsai

This work proposes a hybrid framework combining classical computers with quantum annealers for structural optimisation. At each optimisation iteration of an iterative process, two minimisation problems are formulated one for the underlying…

Computational Engineering, Finance, and Science · Computer Science 2025-10-27 Van-Dung Nguyen , Erin Kuci , Michel Rasquin , Ludovic Noels

Quantum computing is developing fast. Real world applications are within reach in the coming years. One of the most promising areas is combinatorial optimisation, where the Quadratic Unconstrained Binary Optimisation (QUBO) problem…

Quantum Physics · Physics 2020-07-06 Frank Phillipson , Irina Chiscop

In [1] Zhu and Rabitz presented a rapidly convergent iterative algorithm for optimal control of the expectation value of a positive definite observable in a pure-state quantum system. In this paper we generalize this algorithm to a quantum…

Quantum Physics · Physics 2009-10-31 S. G. Schirmer , M. D. Girardeau , J. V. Leahy

We demonstrate that the performance of a quantum annealer on hard random Ising optimization problems can be substantially improved using quantum annealing correction (QAC). Our error correction strategy is tailored to the D-Wave Two device.…

Quantum Physics · Physics 2015-04-03 Kristen L. Pudenz , Tameem Albash , Daniel A. Lidar

Quantum computing has the potential for disruptive change in many sectors of industry, especially in materials science and optimization. In this paper, we describe how the Turbine Balancing Problem can be solved with quantum computing,…

Several portfolio selection models take into account practical limitations on the number of assets to include and on their weights in the portfolio. We present here a study of the Limited Asset Markowitz (LAM), of the Limited Asset Mean…

Portfolio Management · Quantitative Finance 2019-05-08 Francesco Cesarone , Andrea Scozzari , Fabio Tardella

We show a practical application of the Jarzynski equality in quantum computation. Its implementation may open a way to solve combinatorial optimization problems, minimization of a real single-valued function, cost function, with many…

Quantum Physics · Physics 2010-07-28 Masayuki Ohzeki

Quantum annealing is a heuristic quantum optimization algorithm that can be used to solve combinatorial optimization problems. In recent years, advances in quantum technologies have enabled the development of small- and intermediate-scale…

Quantum Physics · Physics 2022-10-05 Sheir Yarkoni , Elena Raponi , Thomas Bäck , Sebastian Schmitt

We propose a data-driven Neural Network (NN) optimization framework to determine the optimal multi-period dynamic asset allocation strategy for outperforming a general stochastic target. We formulate the problem as an optimal stochastic…

Computational Finance · Quantitative Finance 2020-06-30 Chendi Ni , Yuying Li , Peter Forsyth , Ray Carroll

Mixed-integer linear programming problems are extensively used in industry for a wide range of optimization tasks. However, as they get larger, they present computational challenges for classical solvers within practical time limits.…

Quantum Physics · Physics 2026-01-21 Sergio López-Baños , Elisabeth Lobe , Ontje Lünsdorf , Oriol Raventós

This work explores the potential of the Variational Quantum Eigensolver in solving Dynamic Portfolio Optimization problems surpassing the 100 qubit utility frontier. We systematically analyze how to scale this strategy in complexity and…

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