
doi: 10.1143/jpsj.64.4084
We propose a fast numerical renormalization group method-the product wave function renormalization group (PWFRG) method-for 1D quantum lattice models and 2D classical ones. A variational wave function, which is expressed as a matrix product, is improved through a self-consistent calculation. The new method has the same fixed point as the density matrix renormalization group method.
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