Toward Prediction of Financial Crashes with a D-Wave Quantum Annealer

Prediction of financial crashes in a complex financial network is known to be an NP-hard problem, which means that no known algorithm can guarantee to find optimal solutions efficiently. We experimentally explore a novel approach to this problem by using a D-Wave quantum computer, benchmarking its p...

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Bibliographic Details
Authors: Ding, Yongcheng, González Conde, Javier, Lamata Manuel, Lucas, Martín Guerrero, José D., Lizaso, Enrique, Mugel, Samuel, Sanz, Mikel
Format: article
Status:Published version
Publication Date:2023
Country:España
Institution:Universidad de Sevilla (US)
Repository:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/142667
Online Access:https://hdl.handle.net/11441/142667
https://doi.org/10.48550/arXiv.1904.05808
Access Level:Open access
Keyword:Quantum Information
Physical Systems
Quantum computation
Financial networks
Adiabatic quantum optimization
Description
Summary:Prediction of financial crashes in a complex financial network is known to be an NP-hard problem, which means that no known algorithm can guarantee to find optimal solutions efficiently. We experimentally explore a novel approach to this problem by using a D-Wave quantum computer, benchmarking its performance for attaining financial equilibrium. To be specific, the equilibrium condition of a nonlinear financial model is embedded into a higher-order unconstrained binary optimization (HUBO) problem, which is then transformed to a spin-1/2 Hamiltonian with at most two-qubit interactions. The problem is thus equivalent to finding the ground state of an interacting spin Hamiltonian, which can be approximated with a quantum annealer. The size of the simulation is mainly constrained by the necessity of a large quantity of physical qubits representing a logical qubit with the correct connectivity. Our experiment paves the way to codify this quantitative macroeconomics problem in quantum computers.