Efficient Cauchy distribution based quantum state preparation by using the comparison algorithm
Source abstract
Abstract
The quantum Monte Carlo algorithm can provide significant speedup compared to its classical counterpart. So far, most reported works have utilized Grover’s state preparation algorithm. However, this algorithm relies on costly controlled Y rotations to apply the correct amplitudes onto the superposition states. Recently, a comparison-based state preparation method was proposed to reduce computational complexity by avoiding rotation operations. One critical aspect of this method is the generation of the comparison threshold associated with the amplitude of the quantum superposition states. The direct computation of the comparison threshold is often very costly. An alternative is to estimate the threshold with a Taylor approximation. However, Taylor approximations do not work well with heavy-tailed distribution functions such as the Cauchy distribution, which is widely used in applications such as financial modeling. Therefore, a new state preparation method needs to be developed. In this study, an efficient comparison-based state preparation method is proposed for the heavy-tailed Cauchy distribution. Instead of a single Taylor approximation for the entire function domain, this study uses quantum piecewise arithmetic to increase accuracy and reduce computational cost. The proposed piecewise function is in the simplest form to estimate the comparison threshold associated with the amplitudes. Numerical analysis shows that the number of required subdomains increases linearly as the maximum tolerated approximation error decreases exponentially. 197 subdomains are required to keep the error below 18192 of the maximum amplitude. Quantum parallelism ensures that the computational complexity of estimating the amplitudes is independent from the number of subdomains.
Source: crossref · Quality: baseline
Research context
OpenAlex topics: Quantum Computing Algorithms and Architecture · Quantum Information and Cryptography · Stochastic processes and financial applications
SciVX discovery tags are terminology-based. OpenAlex topics are source-provided classifications.
Affiliations
Homestead High School , 5000 W. Mequon Rd., Mequon, Wisconsin 53092, USA
References (32)
Show source-provided references
1. Quantum computational supremacy10.1038/nature23458 ↗
2. Complexity considerations quantum computation
3. Quantum algorithms for some well-known NP problems10.1088/0253-6102/37/4/424 ↗
4. Reduction of qubits in a quantum algorithm for Monte Carlo simulation by a pseudo-random-number generator10.1103/PhysRevA.102.022424 ↗
5. Quantum-accelerated multilevel Monte Carlo methods for stochastic differential equations in mathematical finance10.22331/q-2021-06-24-481 ↗
6. Quantum speedup of Monte Carlo methods10.1098/rspa.2015.0301 ↗
7. Credit risk analysis using quantum computers10.1109/TC.2020.3038063 ↗
8. Option pricing using quantum computers10.22331/q-2020-07-06-291 ↗
9. A threshold for quantum advantage in derivative pricing10.22331/q-2021-06-01-463 ↗
10. Quantum computing for finance: State-of-the-art and future prospects10.1109/tqe.2020.3030314 ↗
11. A. Bouland, W. V. Dam, H. Joorati, I. Kerenidis, and A. Prakash, “Prospects and challenges of quantum finance,” arXiv:2011.06492.
12. Quantum computing for finance: Overview and prospects10.1016/j.revip.2019.100028 ↗
13. Quantum amplitude amplification and estimation10.1090/conm/305/05215 ↗
14. Creating superpositions that correspond to efficiently integrable probability distributions
15. Efficient state preparation for quantum amplitude estimation10.1103/physrevapplied.15.034027 ↗
16. Efficient quantum circuits for accurate state preparation of smooth, differentiable functions
17. Sampling from a log-concave distribution with projected Langevin Monte Carlo10.1007/s00454-018-9992-1 ↗
18. Efficient sampling from time-varying log-concave distributions
19. Multivariate Stein factors for a class of strongly log-concave distributions10.1214/16-ecp15 ↗
20. New generalizations of Cauchy distribution10.1080/03610926.2010.498648 ↗
21. On the Laplace transform of the Pareto distribution10.1109/lcomm.2006.1714544 ↗
22. Predictive stop-loss premiums and student’s t-distribution10.1016/0167-6687(95)00004-c ↗
23. Black-box quantum state preparation without arithmetic10.1103/PhysRevLett.122.020502 ↗
24. New goodness of fit tests for the Cauchy distribution10.1080/02664763.2016.1193726 ↗
25. Financial modeling with heavy-tailed stable distributions10.1002/wics.1286 ↗
26. Goodness-of-fit testing for the Cauchy distribution with application to financial modeling10.1016/j.jksus.2019.01.015 ↗
27. Optimizing quantum circuits for arithmetic
28. Cost-efficient design of a quantum multiplier-accumulator unit10.1007/s11128-016-1455-0 ↗
29. Area and delay efficient design of a quantum bit string comparator
30. A numerical scheme for the solution of a class of fractional variational and optimal control problems using the modified Jacobi polynomials10.1177/1077546314543727 ↗
31. A modified numerical scheme and convergence analysis for fractional model of Lienard’s equation10.1016/j.cam.2017.03.011 ↗
32. Applying fractional quantum mechanics to systems with electrical screening effects10.1016/j.chaos.2021.111209 ↗