Use this tag for questions about the density matrix renormalization group (DMRG) method.

Wikipedia on the density matrix renormalization group (DMRG) method:

The density matrix renormalization group (DMRG) is a numerical variational technique devised to obtain the low-energy physics of quantum many-body systems with high accuracy. As a variational method, DMRG is an efficient algorithm that attempts to find the lowest-energy matrix product state wavefunction of a Hamiltonian. It was invented in 1992 by Steven R. White and it is nowadays the most efficient method for 1-dimensional systems.