The quantum version of the shifted power method and its application in quadratic binary optimization
Ammar Daskin

TL;DR
This paper introduces a quantum adaptation of the shifted power method that efficiently finds eigenvalues and solutions for quadratic binary optimization problems, potentially outperforming classical algorithms in certain cases.
Contribution
It presents a novel quantum algorithm based on the shifted power method that does not require initial eigenvector estimates and can solve eigenvalue and optimization problems efficiently.
Findings
Converges in polynomial time when eigengap is sufficiently large.
Can find eigenvalues and optimize quadratic binary problems without initial estimates.
Potentially outperforms classical methods for specific quantum problems.
Abstract
In this paper, we present a direct quantum adaptation of the classical shifted power method. The method is very similar to the iterative phase estimation algorithm; however, it does not require any initial estimate of an eigenvector and as in the classical case its convergence and the required number of iterations are directly related to the eigengap. If the amount of the gap is in the order of , then the algorithm can converge to the dominant eigenvalue in time. The method can be potentially used for solving any eigenvalue related problem and finding minimum/maximum of a quantum state in lieu of Grover's search algorithm. In addition, if the solution space of an optimization problem with parameters is encoded as the eigenspace of an dimensional unitary operator in time and the eigengap is not too small, then the solution for such a problem…
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