Matrix Product States, Projected Entangled Pair States, and variational renormalization group methods for quantum spin systems
F. Verstraete, J. I. Cirac, V. Murg
TL;DR
The paper surveys variational renormalization group methods built on matrix product states (MPS) and their higher-dimensional generalization, projected entangled pair states (PEPS). It explains why ground states of local gapped Hamiltonians admit compact MPS/PEPS representations under area laws, enabling scalable algorithms for 1D and 2D quantum spin systems, including DMRG/VMPS, TEBD, and imaginary-time evolution. It also discusses MPOs for finite-temperature and spectral computations, time evolution, and extensions to 2D via PEPS, with iPEPS for infinite lattices; Hastings’ results and MERA are discussed in the context of entanglement scaling. The work provides practical algorithmic frameworks, trade-offs for boundary conditions, and example applications to spin chains, impurity problems, and 2D quantum magnets, illustrating a unifying, information-theoretic perspective on simulating quantum many-body systems.
Abstract
This article reviews recent developments in the theoretical understanding and the numerical implementation of variational renormalization group methods using matrix product states and projected entangled pair states.
