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In this paper we consider the problem of computing tail probabilities of the distribution of a random sum of positive random variables. We assume that the individual variables follow a reproducible natural exponential family (NEF)…

Probability · Mathematics 2018-07-09 Shaul Bar-Lev , Ad Ridder

This work introduces an end-to-end framework for multi-asset option pricing that combines market-consistent risk-neutral density recovery with quantum-accelerated numerical integration. We first calibrate arbitrage-free marginal…

Computational Finance · Quantitative Finance 2026-01-08 Julien Hok , Álvaro Leitao

Quantum Amplitude Amplification (QAA), the generalization of Grover's algorithm, is capable of yielding optimal solutions to combinatorial optimization problems with high probabilities. In this work we extend the conventional 2-dimensional…

Quantum Physics · Physics 2026-01-16 Daniel Koch , Brian Pardo , Kip Nieman

Extreme quantile treatment effects (eQTEs) measure the causal impact of a treatment on the tails of an outcome distribution and are central for studying rare, high-impact events. Standard QTE methods often fail in extreme regimes due to…

Methodology · Statistics 2026-03-25 Mengran Li , Daniela Castro-Camilo

Conditional Value-at-Risk (CVaR) is a central tail-risk measure in stochastic structural mechanics, yet its accurate evaluation under high-dimensional, spatially correlated material uncertainty remains computationally prohibitive for…

Machine Learning · Statistics 2026-02-11 Alireza Tabarraei

Quantum Amplitude Estimation (QAE) -- a technique by which the amplitude of a given quantum state can be estimated with quadratically fewer queries than by standard sampling -- is a key sub-routine in several important quantum algorithms,…

Quantum Physics · Physics 2020-06-26 Eric G. Brown , Oktay Goktas , W. K. Tham

Estimating delay tail probabilities in scheduling and load balancing systems is a critical but computationally prohibitive task due to the rarity of violation events. Quantum Amplitude Estimation (QAE) offers a generic quadratic reduction…

Quantum Physics · Physics 2026-02-11 R. Srikant

We present a quantum algorithm that analyzes risk more efficiently than Monte Carlo simulations traditionally used on classical computers. We employ quantum amplitude estimation to evaluate risk measures such as Value at Risk and…

Quantum Physics · Physics 2019-10-31 Stefan Woerner , Daniel J. Egger

Monte Carlo (MC) simulations are widely used in financial risk management, from estimating value-at-risk (VaR) to pricing over-the-counter derivatives. However, they come at a significant computational cost due to the number of scenarios…

Quantum Physics · Physics 2024-04-10 Titos Matsakos , Stuart Nield

The containment of malware in computing networks may be naturally formulated as a network influence minimisation problem, in which one seeks to limit the expected spread of an infection while balancing the operational cost of disabling…

Quantum Physics · Physics 2026-04-30 Matthew Sutcliffe , Ravindra Mutyamsetty

We introduce a new variant of Quantum Amplitude Estimation (QAE), called Iterative QAE (IQAE), which does not rely on Quantum Phase Estimation (QPE) but is only based on Grover's Algorithm, which reduces the required number of qubits and…

Quantum Physics · Physics 2021-04-20 Dmitry Grinko , Julien Gacon , Christa Zoufal , Stefan Woerner

Quantum Amplitude Estimation (QAE) can achieve a quadratic speed-up for applications classically solved by Monte Carlo simulation. A key requirement to realize this advantage is efficient state preparation. If state preparation is too…

Quantum Physics · Physics 2021-03-17 Almudena Carrera Vazquez , Stefan Woerner

We study numerical integration on $[0,1]$ by quantum amplitude estimation (QAE), focusing on the cost of constructing the amplitude oracle. Although QAE improves the statistical component of the integration error, this advantage is relevant…

Quantum Physics · Physics 2026-04-28 Francisco Chinesta , Antonio Falco , Daniela Falco-Pomares

This paper introduces quantum computing methods for Monte Carlo simulations in power systems which are expected to be exponentially faster than their classical computing counterparts. Monte Carlo simulations is a fundamental method, widely…

Quantum Physics · Physics 2023-10-02 Emilie Jong , Brynjar Sævarsson , Hjörtur Jóhannsson , Spyros Chatzivasileiadis

Conditional Value-at-Risk (CVaR) is a leading tail-risk measure in finance, central to both regulatory and portfolio optimization frameworks. Classical estimation of CVaR and its gradients relies on Monte Carlo simulation, incurring…

Quantum Physics · Physics 2026-05-19 Vasilis Skarlatos , Nikos Konofaos

Amplitude Estimation (AE) is a critical subroutine in many quantum algorithms, allowing for a quadratic speedup in various applications like those involving estimating statistics of various functions as in financial Monte Carlo simulations.…

Quantum Physics · Physics 2022-01-28 Salvatore Certo , Anh Dung Pham , Daniel Beaulieu

Since the quantum amplitude estimation (QAE) was invented by Brassard et al., 2002, several advanced algorithms have recently been published (Grinko et al., 2019, Aaronson et al, and Suzuki et al., 2020). The main difference between the…

Quantum Physics · Physics 2020-05-13 Kwangmin Yu , Hyunkyung Lim , Pooja Rao , Dasol Jin

Quantum amplitude estimation is a key sub-routine of a number of quantum algorithms with various applications. We propose an adaptive algorithm for interval estimation of amplitudes. The quantum part of the algorithm is based only on…

Quantum Physics · Physics 2022-06-20 Yunpeng Zhao , Haiyan Wang , Kuai Xu , Yue Wang , Ji Zhu , Feng Wang

Monte Carlo integration is a widely used numerical method for approximating integrals, which is often computationally expensive. In recent years, quantum computing has shown promise for speeding up Monte Carlo integration, and several…

Quantum Physics · Physics 2023-12-12 Jorge J. Martínez de Lejarza , Michele Grossi , Leandro Cieri , Germán Rodrigo

Quantum amplitude estimation (QAE) is a pivotal quantum algorithm to estimate the squared amplitude $a$ of the target basis state in a quantum state $|\Phi\rangle$. Various improvements on the original quantum phase estimation-based QAE…

Quantum Physics · Physics 2024-07-01 Koichi Miyamoto
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