Full characterization of modular values for two-dimensional systems

Vaidman pointed out the importance of modular values, and related the modular value of a Pauli spin operator to its weak value for specific coupling strengths [Phys. Rev. Lett. 105, 230401 (2010)]. It would be useful if this relationship is generalized since a modular value, which assumes a finite strength of the measurement interaction, is sometimes more practical than a weak value, which assumes an infinitesimally small interaction. In this paper, we give a general expression that relates the weak value and the modular value of an arbitrary observable in the 2-dimensional Hilbert space for an arbitrary coupling strength. Using this expression, we show the "failure of sum rule" for modular values, which has a resemblance to the "failure of product rule" for weak values. We give examples of "failure of sum rule" for some interesting cases, i.e., paradoxes based on nonlocality, which include EPR paradox, Hardy's paradox, and Cheshire cat experiment.