Abstract
A class of approximate projection operators is used to reduce the variance in path integral Monte Carlo calculations in a formally exact manner. Paths are classified according to the projection operators, allowing the identification of paths whose contribution to the variance is negligible. The approach is applied to two canonical systems: Two like-spin electrons in a three dimensional harmonic well and the two dimensional Hubbard model, representing localized and extended electronic states, respectively. Time savings of 15–900 over straightforward Monte Carlo calculations are observed.
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