803 research outputs found

    Power Utility Maximization in Discrete-Time and Continuous-Time Exponential Levy Models

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    Consider power utility maximization of terminal wealth in a 1-dimensional continuous-time exponential Levy model with finite time horizon. We discretize the model by restricting portfolio adjustments to an equidistant discrete time grid. Under minimal assumptions we prove convergence of the optimal discrete-time strategies to the continuous-time counterpart. In addition, we provide and compare qualitative properties of the discrete-time and continuous-time optimizers.Comment: 18 pages, to appear in Mathematical Methods of Operations Research. The final publication is available at springerlink.co

    Stochastic exclusion processes versus coherent transport

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    Stochastic exclusion processes play an integral role in the physics of non-equilibrium statistical mechanics. These models are Markovian processes, described by a classical master equation. In this paper a quantum mechanical version of a stochastic hopping process in one dimension is formulated in terms of a quantum master equation. This allows the investigation of coherent and stochastic evolution in the same formal framework. The focus lies on the non-equilibrium steady state. Two stochastic model systems are considered, the totally asymmetric exclusion process and the fully symmetric exclusion process. The steady state transport properties of these models is compared to the case with additional coherent evolution, generated by the XXXX-Hamiltonian

    Crossover between ballistic and diffusive transport: The Quantum Exclusion Process

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    We study the evolution of a system of free fermions in one dimension under the simultaneous effects of coherent tunneling and stochastic Markovian noise. We identify a class of noise terms where a hierarchy of decoupled equations for the correlation functions emerges. In the special case of incoherent, nearest-neighbour hopping the equation for the two-point functions is solved explicitly. The Green's function for the particle density is obtained analytically and a timescale is identified where a crossover from ballistic to diffusive behaviour takes place. The result can be interpreted as a competition between the two types of conduction channels where diffusion dominates on large timescales.Comment: 20 pages, 5 figure

    Quantum Chi-Squared and Goodness of Fit Testing

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    The density matrix in quantum mechanics parameterizes the statistical properties of the system under observation, just like a classical probability distribution does for classical systems. The expectation value of observables cannot be measured directly, it can only be approximated by applying classical statistical methods to the frequencies by which certain measurement outcomes (clicks) are obtained. In this paper, we make a detailed study of the statistical fluctuations obtained during an experiment in which a hypothesis is tested, i.e. the hypothesis that a certain setup produces a given quantum state. Although the classical and quantum problem are very much related to each other, the quantum problem is much richer due to the additional optimization over the measurement basis. Just as in the case of classical hypothesis testing, the confidence in quantum hypothesis testing scales exponentially in the number of copies. In this paper, we will argue 1) that the physically relevant data of quantum experiments is only contained in the frequencies of the measurement outcomes, and that the statistical fluctuations of the experiment are essential, so that the correct formulation of the conclusions of a quantum experiment should be given in terms of hypothesis tests, 2) that the (classical) χ2\chi^2 test for distinguishing two quantum states gives rise to the quantum χ2\chi^2 divergence when optimized over the measurement basis, 3) present a max-min characterization for the optimal measurement basis for quantum goodness of fit testing, find the quantum measurement which leads both to the maximal Pitman and Bahadur efficiency, and determine the associated divergence rates.Comment: 22 Pages, with a new section on parameter estimatio

    Topological Phases in Graphitic Cones

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    The electronic structure of graphitic cones exhibits distinctive topological features associated with the apical disclinations. Aharonov-Bohm magnetoconductance oscillations (period Phi_0) are completely absent in rings fabricated from cones with a single pentagonal disclination. Close to the apex, the local density of states changes qualitatively, either developing a cusp which drops to zero at the Fermi energy, or forming a region of nonzero density across the Fermi energy, a local metalization of graphene.Comment: 4 pages, RevTeX 4, 3 PostScript figure

    UCN Upscattering rates in a molecular deuterium crystal

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    A calculation of ultra-cold neutron (UCN) upscattering rates in molecular deuterium solids has been carried out, taking into account intra-molecular exictations and phonons. The different moelcular species ortho-D2 (with even rotational quantum number J) and para-D2 (with odd J) exhibit significantly different UCN-phonon annihilation cross-sections. Para- to ortho-D2 conversion, furthermore, couples UCN to an energy bath of excited rotational states without mediating phonons. This anomalous upscattering mechanism restricts the UCN lifetime to 4.6 msec in a normal-D2 solid with 33% para content.Comment: 3 pages, one figur

    Sequential Strong Measurements and Heat Vision

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    We study scenarios where a finite set of non-demolition von-Neumann measurements are available. We note that, in some situations, repeated application of such measurements allows estimating an infinite number of parameters of the initial quantum state, and illustrate the point with a physical example. We then move on to study how the system under observation is perturbed after several rounds of projective measurements. While in the finite dimensional case the effect of this perturbation always saturates, there are some instances of infinite dimensional systems where such a perturbation is accumulative, and the act of retrieving information about the system increases its energy indefinitely (i.e., we have `Heat Vision'). We analyze this effect and discuss a specific physical system with two dichotomic von-Neumann measurements where Heat Vision is expected to show.Comment: See the Appendix for weird examples of heat visio

    Semiclassical low energy scattering for one-dimensional Schr\"odinger operators with exponentially decaying potentials

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    We consider semiclassical Schr\"odinger operators on the real line of the form H()=2d2dx2+V(;)H(\hbar)=-\hbar^2 \frac{d^2}{dx^2}+V(\cdot;\hbar) with >0\hbar>0 small. The potential VV is assumed to be smooth, positive and exponentially decaying towards infinity. We establish semiclassical global representations of Jost solutions f±(,E;)f_\pm(\cdot,E;\hbar) with error terms that are uniformly controlled for small EE and \hbar, and construct the scattering matrix as well as the semiclassical spectral measure associated to H()H(\hbar). This is crucial in order to obtain decay bounds for the corresponding wave and Schr\"odinger flows. As an application we consider the wave equation on a Schwarzschild background for large angular momenta \ell where the role of the small parameter \hbar is played by 1\ell^{-1}. It follows from the results in this paper and \cite{DSS2}, that the decay bounds obtained in \cite{DSS1}, \cite{DS} for individual angular momenta \ell can be summed to yield the sharp t3t^{-3} decay for data without symmetry assumptions.Comment: 44 pages, minor modifications in order to match the published version, will appear in Annales Henri Poincar
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