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In the vast field of Quantum Optimization, Quantum Iterative Power Algorithms (QIPA) has been introduced recently with a promise of exponential speedup over an already established and well-known method, the variational Quantum Imaginary…

Quantum Physics · Physics 2026-01-13 András Czégel , Boglárka G. -Tóth

We develop a quantum algorithm to price discretely monitored lookback options in the Black-Scholes framework using imaginary time evolution. By rewriting the pricing PDE as a Schrodinger-type equation, the problem becomes the imaginary time…

Computational Finance · Quantitative Finance 2026-04-02 Florence Paquette , Tania Belabbas , Emmanuel Hamel , Anne MacKay

The variational quantum eigensolver (VQE) is a hybrid quantum-classical algorithm designed for current and near-term quantum devices. Despite its initial success, there is a lack of understanding involving several of its key aspects. There…

Quantum Physics · Physics 2023-03-22 Manpreet Singh Jattana , Fengping Jin , Hans De Raedt , Kristel Michielsen

Amplitude estimation is a fundamental quantum algorithmic primitive that enables quantum computers to achieve quadratic speedups for a large class of statistical estimation problems, including Monte Carlo methods. The main drawback from the…

We consider Hamiltonian simulation using the first order Lie-Trotter product formula under the assumption that the initial state has a high overlap with an energy eigenstate, or a collection of eigenstates in a narrow energy band. This…

Quantum Physics · Physics 2021-02-26 Changhao Yi , Elizabeth Crosson

Parameterized circuit instantiation is a common technique encountered in the generation of circuits for a large class of hybrid quantum-classical algorithms. Despite being supported by popular quantum compilation infrastructures such as IBM…

Quantum Physics · Physics 2022-06-17 Ed Younis , Costin Iancu

Accurately estimating observables on noisy quantum devices remains a central challenge for near-term quantum algorithms. While quantum error mitigation techniques can reduce noise-induced bias, they often rely on unverifiable assumptions…

In this paper we reformulate the problem of pricing options in a quantum setting. Our proposed algorithm involves preparing an initial state, representing the option price, and then evolving it using existing imaginary time simulation…

Quantum Physics · Physics 2021-01-13 Santosh Kumar Radha

Recently we find several candidates of quantum algorithms that may be implementable in near-term devices for estimating the amplitude of a given quantum state, which is a core sub- routine in various computing tasks such as the Monte Carlo…

Quantum Physics · Physics 2021-10-12 Tomoki Tanaka , Yohichi Suzuki , Shumpei Uno , Rudy Raymond , Tamiya Onodera , Naoki Yamamoto

Quantum computers provide new avenues to access ground and excited state properties of systems otherwise difficult to simulate on classical hardware. New approaches using subspaces generated by real-time evolution have shown efficiency in…

Phase estimation is known to be a robust method for single-qubit gate calibration in quantum computers, while Bayesian estimation is widely used in devising optimal methods for learning in quantum systems. We present Bayesian phase…

Quantum Physics · Physics 2025-05-06 Brennan de Neeve , Andrey V. Lebedev , Vlad Negnevitsky , Jonathan P. Home

In this work we propose an approach for implementing time-evolution of a quantum system using product formulas. The quantum algorithms we develop have provably better scaling (in terms of gate complexity and circuit depth) than a naive…

For typical quantum subroutines in the gate-based model of quantum computing, explicit decompositions of circuits in terms of single-qubit and two-qubit entangling gates may exist. However, they often lead to large-depth circuits that are…

Quantum Physics · Physics 2024-09-20 Dhruv Srinivasan , Kushal Chakrabarti , Nikhil Chopra , Avik Dutt

We propose to perform amplitude estimation with the help of constant-depth quantum circuits that variationally approximate states during amplitude amplification. In the context of Monte Carlo (MC) integration, we numerically show that…

Quantum Physics · Physics 2022-03-23 Kirill Plekhanov , Matthias Rosenkranz , Mattia Fiorentini , Michael Lubasch

The quantum-phase-estimation algorithm (QPEA) is widely used to find estimates of unknown phases. The original algorithm relied on an input state in a uniform superposition of all possible bit strings. However, it is known that other input…

Quantum Physics · Physics 2025-05-05 Joseph G. Smith , Crispin H. W. Barnes , David R. M. Arvidsson-Shukur

The preparation of Hamiltonian eigenstates is essential for many applications in quantum computing; the efficiency with which this can be done is of key interest. A canonical approach exploits the quantum phase estimation (QPE) algorithm.…

Quantum Physics · Physics 2022-12-05 Richard Meister , Simon C. Benjamin

We study probabilistic cellular automata (PCA) and quantum cellular automata (QCA) as frameworks for solving the Maximum Independent Set (MIS) problem. We first introduce a synchronous PCA whose dynamics drives the system toward the…

Quantum Physics · Physics 2025-12-09 Federico Dell'Anna , Matteo Grotti , Vito Giardinelli

The general-purpose interactive theorem-proving assistant called Prove-It was used to verify the Quantum Phase Estimation (QPE) algorithm, specifically claims about its outcome probabilities. Prove-It is unique in its ability to express…

Quantum Physics · Physics 2024-03-26 Wayne M. Witzel , Warren D. Craft , Robert Carr , Deepak Kapur

The Quantum Phase Difference Estimation (QPDE) algorithm, as an extension of the Quantum Phase Estimation (QPE), is a quantum algorithm designed to compute the differences of two eigenvalues of a unitary operator by exploiting the quantum…

Quantum Physics · Physics 2026-04-14 Boni Paul , Sudhindu Bikash Mandal , Kenji Sugisaki , B. P. Das

We provide a modification to the quantum phase estimation algorithm (QPEA) inspired on classical windowing methods for spectral density estimation. From this modification we obtain an upper bound in the cost that implies a cubic improvement…

Quantum Physics · Physics 2022-08-31 Gumaro Rendon , Taku Izubuchi , Yuta Kikuchi