A year-on-year inflation-indexed swap (YYIIS) is a standard derivative product over inflation rate. The underlying is a single consumer price index (CPI).
It is called a swap because each year there is a swap of a fixed amount against a floating amount, although in practice only a one way payment is made (fixed amount – floating amount).
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Bra–ket notation, also called Dirac notation, is a notation for linear algebra and linear operators on complex vector spaces together with their dual space both in the finite-dimensional and infinite-dimensional case. It is specifically designed to ease the types of calculations that frequently come up in quantum mechanics. Its use in quantum mechanics is quite widespread.
In theoretical physics, a Feynman diagram is a pictorial representation of the mathematical expressions describing the behavior and interaction of subatomic particles. The scheme is named after American physicist Richard Feynman, who introduced the diagrams in 1948. The interaction of subatomic particles can be complex and difficult to understand; Feynman diagrams give a simple visualization of what would otherwise be an arcane and abstract formula. According to David Kaiser, "Since the middle of the 20th century, theoretical physicists have increasingly turned to this tool to help them undertake critical calculations. Feynman diagrams have revolutionized nearly every aspect of theoretical physics." While the diagrams are applied primarily to quantum field theory, they can also be used in other areas of physics, such as solid-state theory. Frank Wilczek wrote that the calculations that won him the 2004 Nobel Prize in Physics "would have been literally unthinkable without Feynman diagrams, as would [Wilczek's] calculations that established a route to production and observation of the Higgs particle."
In quantum physics, a wave function is a mathematical description of the quantum state of an isolated quantum system. The most common symbols for a wave function are the Greek letters ψ and Ψ. Wave functions are complex-valued. For example, a wave function might assign a complex number to each point in a region of space. The Born rule provides the means to turn these complex probability amplitudes into actual probabilities. In one common form, it says that the squared modulus of a wave function that depends upon position is the probability density of measuring a particle as being at a given place. The integral of a wavefunction's squared modulus over all the system's degrees of freedom must be equal to 1, a condition called normalization. Since the wave function is complex-valued, only its relative phase and relative magnitude can be measured; its value does not, in isolation, tell anything about the magnitudes or directions of measurable observables. One has to apply quantum operators, whose eigenvalues correspond to sets of possible results of measurements, to the wave function ψ and calculate the statistical distributions for measurable quantities.
The Klein–Gordon equation is a relativistic wave equation, related to the Schrödinger equation. It is second-order in space and time and manifestly Lorentz-covariant. It is a differential equation version of the relativistic energy–momentum relation .
An operator is a function over a space of physical states onto another space of states. The simplest example of the utility of operators is the study of symmetry. Because of this, they are useful tools in classical mechanics. Operators are even more important in quantum mechanics, where they form an intrinsic part of the formulation of the theory.
Geometrical optics, or ray optics, is a model of optics that describes light propagation in terms of rays. The ray in geometrical optics is an abstraction useful for approximating the paths along which light propagates under certain circumstances.
In quantum information theory, a quantum channel is a communication channel which can transmit quantum information, as well as classical information. An example of quantum information is the state of a qubit. An example of classical information is a text document transmitted over the Internet.
In physics, the gauge covariant derivative is a means of expressing how fields vary from place to place, in a way that respects how the coordinate systems used to describe a physical phenomenon can themselves change from place to place. The gauge covariant derivative is used in many areas of physics, including quantum field theory and fluid dynamics and in a very special way general relativity.
LOCC, or local operations and classical communication, is a method in quantum information theory where a local (product) operation is performed on part of the system, and where the result of that operation is "communicated" classically to another part where usually another local operation is performed conditioned on the information received.
The Lippmann–Schwinger equation is one of the most used equations to describe particle collisions – or, more precisely, scattering – in quantum mechanics. It may be used in scattering of molecules, atoms, neutrons, photons or any other particles and is important mainly in atomic, molecular, and optical physics, nuclear physics and particle physics, but also for seismic scattering problems in geophysics. It relates the scattered wave function with the interaction that produces the scattering and therefore allows calculation of the relevant experimental parameters.
In mathematics, in the area of wavelet analysis, a refinable function is a function which fulfils some kind of self-similarity. A function is called refinable with respect to the mask if
The time-evolving block decimation (TEBD) algorithm is a numerical scheme used to simulate one-dimensional quantum many-body systems, characterized by at most nearest-neighbour interactions. It is dubbed Time-evolving Block Decimation because it dynamically identifies the relevant low-dimensional Hilbert subspaces of an exponentially larger original Hilbert space. The algorithm, based on the Matrix Product States formalism, is highly efficient when the amount of entanglement in the system is limited, a requirement fulfilled by a large class of quantum many-body systems in one dimension.
In mathematical analysis, and especially in real, harmonic analysis and functional analysis, an Orlicz space is a type of function space which generalizes the Lp spaces. Like the Lp spaces, they are Banach spaces. The spaces are named for Władysław Orlicz, who was the first to define them in 1932.
Entanglement distillation is the transformation of N copies of an arbitrary entangled state into some number of approximately pure Bell pairs, using only local operations and classical communication.
Overcompleteness is a concept from linear algebra that is widely used in mathematics, computer science, engineering, and statistics. It was introduced by R. J. Duffin and A. C. Schaeffer in 1952.
A zero-coupon inflation swap (ZCIS), also called a zero-coupon inflation-indexed swap (ZCIIS), is a standard derivative product whose payoff depends on the inflation rate realized over a given period of time. The underlying asset is a single consumer price index (CPI).
The method of continued fractions is a method developed specifically for solution of integral equations of quantum scattering theory like Lippmann–Schwinger equation or Faddeev equations. It was invented by Horáček and Sasakawa in 1983. The goal of the method is to solve the integral equation
Metric temporal logic (MTL) is a special case of temporal logic. It is an extension of temporal logic in which temporal operators are replaced by time-constrained versions like until, next, since and previous operators. It is a linear-time logic that assumes both the interleaving and fictitious-clock abstractions. It is defined over a point-based weakly-monotonic integer-time semantics.
In model checking, a field of computer science, timed propositional temporal logic (TPTL) is an extension of propositional linear temporal logic (LTL) in which variables are introduced to measure times between two events. For example, while LTL allows to state that each event p is eventually followed by an event q, TPTL furthermore allows to give a time limit for q to occur.
The swap test is a procedure in quantum computation that is used to check how much two quantum states differ, appearing first in the work of Barenco et al. and later rediscovered by Harry Buhrman, Richard Cleve, John Watrous, and Ronald de Wolf. It appears commonly in quantum machine learning, and is a circuit used for proofs-of-concept in implementations of quantum computers.