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Quantum computing promises to solve problems which are intractable on digital computers. Highly parallel quantum algorithms can decrease the computational time for some problems by many orders of magnitude. This book explains how quantum computers can do these amazing things. Several algorithms are illustrated: the discrete Fourier transform, Shor's algorithm for prime factorization; algorithms for quantum logic gates; physical implementations of quantum logic gates in ion traps and in spin chains; the simplest schemes for quantum error correction; correction of errors caused by imperfect...

This book provides simple introduction to quantitative finance for students and junior quants who want to approach the typical industry problems with practical but rigorous ambition. It shows a simple link between theoretical technicalities and practical solutions. Mathematical aspects are discussed from a practitioner perspective, with a deep focus on practical implications, favoring the intuition and the imagination. In addition, the new post-crisis paradigms, like multi-curves, x-value adjustments (xVA) and Counterparty Credit Risk are also discussed in a very simple framework. Finally,...

A huge chasm has developed between modern science and undergraduate education. The result of this chasm is that students who are graduating from college are unable to exploit the many opportunities offered by modern science and technology. Modern science and technology widely uses the methods of classical physics, but these modern applications are not reflected in the physics problems often suggested to students. Solving practical problems is a very effective way to inform students about contemporary science, to illustrate the important relationships between modern and classical physics, and...