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We introduce a numerical method to study critical properties near classical and quantum phase transitions. Our method applies ideas of the Tensor Renormalization Group to obtain an improved action which is used to extract critical properties by performing Monte Carlo simulations on relatively small system sizes. We demonstrate this method on the XY model in three dimensions. Our method may provide a framework with which to efficiently study universal properties in a large class of phase transitions.
Segall et al. (Mon,) studied this question.