SearcharxivSearch

arXiv subjects

Stepan Smid

Publications and source records attributed to Stepan Smid.

2 recordsLinked to original sources

Exponentially Fast Solution State Preparation for the Heat Equation and its use for Option Pricing

In this work, we present the methods necessary to price an important set of derivatives on a quantum device while offering an advantage over existing classical methods. The methods developed here, in conjunction with ~\cite{GumaroS2026}, also provide an exponential advantage in requirement of qubits when pricing some option contracts with path-dependent payoff compared to state-of-the-art quantum Monte Carlo methods.

quant-ph

Preconditioned Multivariate Quantum Solution Extraction

Numerically solving partial differential equations is a ubiquitous computational task with broad applications in many fields of science. Quantum computers can potentially provide high-degree polynomial speed-ups for solving PDEs, however many algorithms simply end with preparing the quantum state encoding the solution in its amplitudes. Trying to access explicit properties of the solution naively with quantum amplitude estimation can subsequently diminish the potential speed-up. In this work, we present a technique for extracting a smooth positive function encoded in the amplitudes of a quantum state, which achieves the Heisenberg limit scaling. We improve upon previous methods by allowing higher dimensional functions, by significantly reducing the quantum complexity with respect to the number of qubits encoding the function, and by removing the dependency on the minimum of the function using preconditioning. Our technique works by sampling the cumulative distribution of the given function, fitting it with Chebyshev polynomials, and subsequently extracting a representation of the whole encoded function. Finally, we trial our method by carrying out small scale numerical simulations.

quant-ph