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Generating realistic synthetic option prices requires implied volatility as an input, yet implied volatility is itself derived from observed option prices, creating a circular dependency that limits synthetic data for machine-learning and…

Computational Finance · Quantitative Finance 2026-05-15 Julia Sun , Zheyu Jin , Jiawei Zhang , Jeffrey D. Varner

Accurate uncertainty quantification is a critical challenge in machine learning. While neural networks are highly versatile and capable of learning complex patterns, they often lack interpretability due to their ``black box'' nature. On the…

Machine Learning · Computer Science 2025-11-18 Pragatheeswaran Vipulananthan , Kamal Premaratne , Dilip Sarkar , Manohar N. Murthi

Modern approaches to generative modeling of continuous data using tensor networks incorporate compression layers to capture the most meaningful features of high-dimensional inputs. These methods, however, rely on traditional Matrix Product…

Machine Learning · Computer Science 2024-12-11 Danylo Kolesnyk , Yelyzaveta Vodovozova

One of the key considerations in the development of Quantum Machine Learning (QML) protocols is the encoding of classical data onto a quantum device. In this chapter we introduce the Matrix Product State representation of quantum systems…

Quantum Physics · Physics 2026-01-15 Chris Nakhl , Maxwell West , Muhammad Usman

We propose an alternative to the infinite density-matrix renormalization approach for accessing quantum many-body states within a finite-size calculation that faithfully mimics the thermodynamic limit. Our method constructs environment…

Strongly Correlated Electrons · Physics 2025-12-10 Souta Shimozono , Chisa Hotta

Financial derivative pricing is a significant challenge in finance, involving the valuation of instruments like options based on underlying assets. While some cases have simple solutions, many require complex classical computational methods…

Computational Finance · Quantitative Finance 2025-05-15 Robert Scriba , Yuying Li , Jingbo B Wang

We introduce TensorMixedStates, a Julia library built on top of ITensor which allows the simulation of quantum systems in the presence of dissipation using matrix product states (MPS). It offers three key features: i) it implements the MPS…

Quantum Physics · Physics 2026-05-19 Jérôme Houdayer , Grégoire Misguich

The interplay of quantum and classical simulation and the delicate divide between them is in the focus of massively parallelized tensor network state (TNS) algorithms designed for high performance computing (HPC). In this contribution, we…

Quantum Physics · Physics 2023-05-10 Andor Menczer , Örs Legeza

We quantify the representational power of matrix product states (MPS) for entangled qubit systems by giving polynomial expressions in a pure quantum state's amplitudes which hold if and only if the state is a translation invariant matrix…

Quantum Physics · Physics 2014-09-11 Andrew Critch , Jason Morton

Tensor network states are an indispensable tool for the simulation of strongly correlated quantum many-body systems. In recent years, tree tensor network states (TTNS) have been successfully used for two-dimensional systems and to benchmark…

Quantum Physics · Physics 2026-01-23 Thomas Barthel

This paper reveals the intrinsic structure of Matrix Product States (MPS) by establishing their deep connection to entangled hidden Markov models (EHMMs). It is demonstrated that a significant class of MPS can be derived as the outcomes of…

Quantum Physics · Physics 2025-02-19 Abdessatar Souissi

Image-based data is a popular arena for testing quantum machine learning algorithms. A crucial factor in realizing quantum advantage for these applications is the ability to efficiently represent images as quantum states. Here we present a…

Quantum Physics · Physics 2023-10-10 Jason Iaconis , Sonika Johri

In recent years, a close connection between the description of open quantum systems, the input-output formalism of quantum optics, and continuous matrix product states in quantum field theory has been established. So far, however, this…

Quantum Physics · Physics 2019-10-14 G. Haack , A. Steffens , J. Eisert , R. Hübener

Matrix product states (MPS) have proven to be a very successful tool to study lattice systems with local degrees of freedom such as spins or bosons. Topologically ordered systems can support anyonic particles which are labeled by conserved…

Strongly Correlated Electrons · Physics 2014-04-03 Sukhwinder Singh , Robert N. C. Pfeifer , Guifre Vidal , Gavin K. Brennen

In the Quantum-Train (QT) framework, mapping quantum state measurements to classical neural network weights is a critical challenge that affects the scalability and efficiency of hybrid quantum-classical models. The traditional QT framework…

Quantum Physics · Physics 2024-09-12 Chen-Yu Liu , Chu-Hsuan Abraham Lin , Kuan-Cheng Chen

Out-of-equilibrium dynamics of non-integrable Hamiltonian many-body quantum systems are characterized by highly entangled wave functions. Near-maximal entanglement arises in systems exhibiting thermalization or pre-thermalization, where the…

This is a partly non-technical introduction to selected topics on tensor network methods, based on several lectures and introductory seminars given on the subject. It should be a good place for newcomers to get familiarized with some of the…

Strongly Correlated Electrons · Physics 2014-07-07 Roman Orus

As in the density matrix renormalization group (DMRG) method, approximating many-body wave function of electrons using a matrix product state (MPS) is a promising way to solve electronic structure problems. The expressibility of an MPS is…

Quantum Physics · Physics 2023-01-18 Yi Fan , Jie Liu , Zhenyu Li , Jinlong Yang

Many quantum state preparation methods rely on a combination of dissipative quantum state initialization, followed by unitary evolution to a desired target state. Here we demonstrate the usefulness of quantum measurement as an additional…

Quantum Physics · Physics 2020-07-01 Byron Alexander , Hermann Uys , John J. Bollinger

Recent work by Wu {\em et al.} [arXiv:1910.11011] proposed a numerical method, so-called matrix product operator-matrix product state (MPO-MPS) method, by which several types of quantum many-body wave functions, in particular, the projected…

Strongly Correlated Electrons · Physics 2020-04-29 Hui-Ke Jin , Hong-Hao Tu , Yi Zhou