English
Related papers

Related papers: Quantifying the advantages of applying quantum app…

200 papers

Quantum devices use qubits to represent information, which allows them to exploit important properties from quantum physics, specifically superposition and entanglement. As a result, quantum computers have the potential to outperform the…

Quantum Physics · Physics 2024-02-14 Abhijeet Ghoshal , Yan Li , Syam Menon , Sumit Sarkar

The quantum approximate optimization algorithm (QAOA) is a promising quantum algorithm that can be used to approximately solve combinatorial optimization problems. The usual QAOA ansatz consists of an alternating application of the cost and…

Quantum Physics · Physics 2024-11-01 Anthony Wilkie , Igor Gaidai , James Ostrowski , Rebekah Herrman

We consider digitized-counterdiabatic quantum computing as an advanced paradigm to approach quantum advantage for industrial applications in the NISQ era. We apply this concept to investigate a discrete mean-variance portfolio optimization…

Quantum Physics · Physics 2022-12-29 N. N. Hegade , P. Chandarana , K. Paul , X. Chen , F. Albarrán-Arriagada , E. Solano

In this note, we describe an experiment on portfolio optimization using the Quadratic Unconstrained Binary Optimization (QUBO) formulation. The dataset we use is taken from a real-world problem for which a classical solution is currently…

Quantum computers are devices, which allow more efficient solutions of problems as compared to their classical counterparts. As the timeline to developing a quantum-error corrected computer is unclear, the quantum computing community has…

Quantum Physics · Physics 2023-02-16 Marko J. Rančić

The Quantum Approximate Optimization Algorithm (QAOA) is a standard method for combinatorial optimization with a gate-based quantum computer. The QAOA consists of a particular ansatz for the quantum circuit architecture, together with a…

Quantum Physics · Physics 2020-04-28 Li Li , Minjie Fan , Marc Coram , Patrick Riley , Stefan Leichenauer

The Quantum Approximate Optimization Algorithm (QAOA) is an algorithm originally proposed to find approximate solutions to Combinatorial Optimization problems on quantum computers. However, the algorithm has also attracted interest for…

Quantum Physics · Physics 2024-02-08 Pablo Díez-Valle , Diego Porras , Juan José García-Ripoll

We investigate a hybrid quantum-classical solution method to the mean-variance portfolio optimization problems. Starting from real financial data statistics and following the principles of the Modern Portfolio Theory, we generate…

Quantum Physics · Physics 2019-07-01 Davide Venturelli , Alexei Kondratyev

In this work, we review quantum approaches to combinatorial optimization, with the aim of bridging theoretical developments and industrial relevance. We first survey the main families of quantum algorithms, including Quantum Annealing, the…

Quantum Physics · Physics 2026-03-20 Hala Hawashin , Deep Nath , Marco Alberto Javarone

The quantum approximate optimisation algorithm was proposed as a heuristic method for solving combinatorial optimisation problems on near-term quantum computers and may be among the first algorithms to perform useful computations in the…

Quantum Physics · Physics 2022-11-10 David Headley , Thorge Müller , Ana Martin , Enrique Solano , Mikel Sanz , Frank K. Wilhelm

Quantum computers are expected to offer significant advantages in solving complex optimization problems that are challenging for classical computers. Quadratic Unconstrained Binary Optimization (QUBO) problems represent an important class…

Quantum Physics · Physics 2025-10-15 Teemu Pihkakoski , Aravind Plathanam Babu , Pauli Taipale , Petri Liimatta , Matti Silveri

The quantum approximate optimization algorithm, also known in its generalization as the quantum alternating operator ansatz, (QAOA) is a heuristic hybrid quantum-classical algorithm for finding high-quality approximate solutions to…

We investigate the use of quantum computers for building a portfolio out of a universe of U.S. listed, liquid equities that contains an optimal set of stocks. Starting from historical market data, we look at various problem formulations on…

General Finance · Quantitative Finance 2020-07-06 Jeffrey Cohen , Alex Khan , Clark Alexander

Recently, Hadfield et al. proposed the quantum alternating operator ansatz algorithm (QAOA+), an extension of the quantum approximate optimization algorithm (QAOA), to solve constrained combinatorial optimization problems (CCOPs). Compared…

Quantum Physics · Physics 2025-12-12 Xiao-Hui Ni , Yu-Sen Wu , Bin-Bin Cai , Wen-Min Li , Su-Juan Qin , Fei Gao

The Quantum Approximate Optimization Algorithm (QAOA) is a general purpose quantum algorithm designed for combinatorial optimization. We analyze its expected performance and prove concentration properties at any constant level (number of…

Quantum Physics · Physics 2023-07-19 Joao Basso , David Gamarnik , Song Mei , Leo Zhou

The Quantum Approximate Optimization Algorithm (QAOA) uses a quantum computer to implement a variational method with $2p$ layers of alternating unitary operators, optimized by a classical computer to minimize a cost function. While rigorous…

Quantum Physics · Physics 2024-11-19 Raimel A. Medina , Maksym Serbyn

The quantum approximate optimization algorithm (QAOA) has emerged as a promising candidate for demonstrating quantum advantage on noisy intermediate-scale quantum (NISQ) devices. While various QAOA parameterization schemes exist, ranging…

Quantum Physics · Physics 2026-05-05 Evan Camilleri , André Xuereb , Tony J. G. Apollaro , Mirko Consiglio

Quantum Approximate Optimization algorithm (QAOA) aims to search for approximate solutions to discrete optimization problems with near-term quantum computers. As there are no algorithmic guarantee possible for QAOA to outperform classical…

Quantum Physics · Physics 2022-07-25 Bingzhi Zhang , Akira Sone , Quntao Zhuang

The Quantum Approximate Optimization Algorithm (QAOA) is suggested as a promising application on early quantum computers. Here, a quantum-inspired classical algorithm, the mean-field Approximate Optimization Algorithm (mean-field AOA), is…

The Quantum Approximate Optimization Algorithm (QAOA) has been suggested as a promising candidate for the solution of combinatorial optimization problems. Yet, whether - or under what conditions - it may offer an advantage compared to…

Quantum Physics · Physics 2025-04-14 Vanessa Dehn , Martin Zaefferer , Gerhard Hellstern , Florentin Reiter , Thomas Wellens