Derivative pricing under the possibility of long memory in the supOU stochastic volatility model

We consider the supOU stochastic volatility model which is able to exhibit long-range dependence. For this model we give conditions for the discounted stock price to be a martingale, calculate the characteristic function, give a strip where it is analytic and discuss the use of Fourier pricing techniques. Finally, we present a concrete specification with polynomially decaying autocorrelations and calibrate it to observed market prices of plain vanilla options

Cavity-mediated long-range interaction for fast multiqubit quantum logic operations

Interactions among qubits are essential for performing two-qubit quantum logic operations. However, nature gives us only nearest neighbor interactions in simple and controllable settings. Here we propose a strategy to induce interactions among two atomic entities that are not necessarily neighbors of each other through their common coupling with a cavity field. This facilitates fast multiqubit quantum logic operations through a set of two-qubit operations. The ideas presented here are applicable to various quantum computing proposals for atom based qubits such as, trapped ions, atoms trapped in optical cavities and optical lattices.Comment: 10 pages, 3 figure

Robust Trapped-Ion Quantum Logic Gates by Continuous Dynamical Decoupling

We introduce a novel scheme that combines phonon-mediated quantum logic gates in trapped ions with the benefits of continuous dynamical decoupling. We demonstrate theoretically that a strong driving of the qubit decouples it from external magnetic-field noise, enhancing the fidelity of two-qubit quantum gates. Moreover, the scheme does not require ground-state cooling, and is inherently robust to undesired ac-Stark shifts. The underlying mechanism can be extended to a variety of other systems where a strong driving protects the quantum coherence of the qubits without compromising the two-qubit couplings.Comment: Slightly longer than the published versio

Eta Carinae across the 2003.5 Minimum: Analysis in the visible and near infrared spectral region

We present an analysis of the visible through near infrared spectrum of Eta Carinae and its ejecta obtained during the "Eta Carinae Campaign with the UVES at the ESO VLT". This is a part of larger effort to present a complete Eta Carinae spectrum, and extends the previously presented analyses with the HST/STIS in the UV (1240-3159 A) to 10,430 A. The spectrum in the mid and near UV is characterized by the ejecta absorption. At longer wavelengths, stellar wind features from the central source and narrow emission lines from the Weigelt condensations dominate the spectrum. However, narrow absorption lines from the circumstellar shells are present. This paper provides a description of the spectrum between 3060 and 10,430 A, including line identifications of the ejecta absorption spectrum, the emission spectrum from the Weigelt condensations and the P-Cygni stellar wind features. The high spectral resolving power of VLT/UVES enables equivalent width measurements of atomic and molecular absorption lines for elements with no transitions at the shorter wavelengths. However, the ground based seeing and contributions of nebular scattered radiation prevent direct comparison of measured equivalent widths in the VLT/UVES and HST/STIS spectra. Fortunately, HST/STIS and VLT/UVES have a small overlap in wavelength coverage which allows us to compare and adjust for the difference in scattered radiation entering the instruments' apertures. This paper provides a complete online VLT/UVES spectrum with line identifications and a spectral comparison between HST/STIS and VLT/UVES between 3060 and 3160 A.Comment: 13 pages, 11 figures + atlas. The paper accepted for the ApJS and is accompanied with an atlas in the online edition pape

Optimal estimation of one parameter quantum channels

We explore the task of optimal quantum channel identification, and in particular the estimation of a general one parameter quantum process. We derive new characterizations of optimality and apply the results to several examples including the qubit depolarizing channel and the harmonic oscillator damping channel. We also discuss the geometry of the problem and illustrate the usefulness of using entanglement in process estimation.Comment: 23 pages, 4 figures. Published versio

Spectral energy distributions of quasars selected in the mid-infrared

We present preliminary results on fitting of SEDs to 142 z>1 quasars selected in the mid-infrared. Our quasar selection finds objects ranging in extinction from highly obscured, type-2 quasars, through more lightly reddened type-1 quasars and normal type-1s. We find a weak tendency for the objects with the highest far-infrared emission to be obscured quasars, but no bulk systematic offset between the far-infrared properties of dusty and normal quasars as might be expected in the most naive evolutionary schemes. The hosts of the type-2 quasars have stellar masses comparable to those of radio galaxies at similar redshifts. Many of the type-1s, and possibly one of the type-2s require a very hot dust component in addition to the normal torus emission.Comment: 4 pages, 2 figures, to appear in the proceedings of The Spectral Energy Distribution of Galaxies, Preston, September 2011, eds R.J. Tuffs & C.C. Popesc

Ultracoherence and Canonical Transformations

The (in)finite dimensional symplectic group of homogeneous canonical transformations is represented on the bosonic Fock space by the action of the group on the ultracoherent vectors, which are generalizations of the coherent states.Comment: 24 page

Distances between quantum states in the tomographic-probability representation

Distances between quantum states are reviewed within the framework of the tomographic-probability representation. Tomographic approach is based on observed probabilities and is straightforward for data processing. Different states are distinguished by comparing corresponding probability-distribution functions. Fidelity as well as other distance measures are expressed in terms of tomograms.Comment: 10 pages, Contribution to the 16th Central European Workshop on Quantum Optics (CEWQO'09), May 23-27, 2009, Turku, Finlan

Generation of decoherence-free displaced squeezed states of radiation fields and a squeezed reservoir for atoms in cavity QED

We present a way to engineer an effective anti-Jaynes-Cumming and a Jaynes-Cumming interaction between an atomic system and a single cavity mode and show how to employ it in reservoir engineering processes. To construct the effective Hamiltonian, we analyse considered the interaction of an atomic system in a \{Lambda} configuration, driven by classical fields, with a single cavity mode. With this interaction, we firstly show how to generate a decoherence-free displaced squeezed state for the cavity field. In our scheme, an atomic beam works as a reservoir for the radiation field trapped inside the cavity, as employed recently by S. Pielawa et al. [Phys. Rev. Lett. 98, 240401 (2007)] to generate an Einstein-Podolsky-Rosen entangled radiation state in high-Q resonators. In our scheme, all the atoms have to be prepared in the ground state and, as in the cited article, neither atomic detection nor precise interaction times between the atoms and the cavity mode are required. From this same interaction, we can also generate an ideal squeezed reservoir for atomic systems. For this purpose we have to assume, besides the engineered atom-field interaction, a strong decay of the cavity field (i.e., the cavity decay must be much stronger than the effective atom-field coupling). With this scheme, some interesting effects in the dynamics of an atom in a squeezed reservoir could be tested