Step-by-Step Derivation
We label the four physical qubits by indices \(0,1,2,3\), and denote by
– \(U_1=\CNOT_{21}\,H_2\) the first half of the ideal circuit (acting on qubits \((2,1)\)),
– \(U_2=\CNOT_{03}\,H_0\) the second half (acting on qubits \((0,3)\)).
An error model of two independent two‐qubit depolarizing channels of strength \(p\) inserted immediately after each CNOT gives the overall map
\[
\rho_{\rm out}
=\CN_2\Bigl(\;U_2\;\CN_1\bigl(U_1\,(|0000\>\<0000|)\,U_1^\dagger\bigr)\,U_2^\dagger\Bigr),
\]
where
\[
\CN_i(\rho)
=(1-p)\,\rho
\;+\;\frac p{15}\sum_{P\in\{I,X,Y,Z\}^{\otimes2}\setminus\{I\otimes I\}}
(P\,\rho\,P)\,,
\]
with \(\CN_1\) acting on qubits \((2,1)\) and \(\CN_2\) on \((0,3)\). One checks that the perfect circuit \(U_2\,U_1\) prepares the logical Bell state
\[
|\psi_L\> \;=\;\frac{|00\>_{AB}+|11\>_{AB}}{\sqrt2}
\quad\longleftrightarrow\quad
\frac1{2}\bigl(|0000\>+|0110\>+|1001\>+|1111\>\bigr)\,.
\]
At the end we measure the two code‐stabilizers
\[
S_X=X_0X_1X_2X_3,\quad
S_Z=Z_0Z_1Z_2Z_3,
\]
and post‐select on the \(+1\)–\(+1\) syndrome. Any Pauli error
\[
E=E_2^{(0,3)}\,E_1^{(2,1)},
\quad E_i\in\{I,X,Y,Z\}^{\otimes2},
\]
is accepted iff it commutes with both \(S_X\) and \(S_Z\). One checks that this is equivalent to the two parity‐conditions
\[
a_1+a_2\equiv0\pmod2,\quad
b_1+b_2\equiv0\pmod2,
\]
where for each two‐qubit block \(i=1,2\)
\[
a_i=\bigl|\{\,\text{positions of $Z$ or $Y$ in block $i$}\}\bigr|\bmod2,
\quad
b_i=\bigl|\{\,\text{positions of $X$ or $Y$ in block $i$}\}\bigr|\bmod2.
\]
Since each channel is uniform over the \(16\) two‐qubit Paulis with
\[
P\bigl(E_i=I\otimes I\bigr)=1-p,\qquad
P\bigl(E_i\neq I\otimes I\bigr)=\frac p{15},
\]
one finds by direct counting (or by group‐theory) that the four joint parities occur with probabilities
\[
P(a_i,b_i) =
\begin{cases}
1-\tfrac45\,p, & (a_i,b_i)=(0,0),\\
\tfrac{4}{15}\,p, & (a_i,b_i)\in\{(0,1),(1,0),(1,1)\}\,,
\end{cases}
\]
and hence the overall acceptance probability is
\[
P_{\rm accept}
=\sum_{a,b\in\{0,1\}}P(a,b)^2
=\Bigl(1-\tfrac45\,p\Bigr)^2
\;+\;3\Bigl(\tfrac{4}{15}p\Bigr)^2
=1-\tfrac{8}{5}p+\tfrac{64}{75}p^2\,.
\]
Among the accepted errors, only those Pauli’s which lie in the \emph{logical stabilizer} of \(|\psi_L\>\) act trivially on the logical Bell pair. One finds by explicit enumeration of the \(16\) such Pauli’s (the code‐stabilizers times \(\{I,X_A X_B,Z_A Z_B,Y_A Y_B\}\)) that their total probability is
\[
N
=\sum_{E\in\text{logical‐stabilizer}}P(E)
=1-\tfrac{8}{5}p+\tfrac{16}{25}p^2.
\]
Therefore the \emph{conditional} (post‐selected) logical fidelity is
\[
F_{\rm logical}(p)
=\frac{N}{P_{\rm accept}}
=\frac{1-\tfrac{8}{5}p+\tfrac{16}{25}p^2}
{1-\tfrac{8}{5}p+\tfrac{64}{75}p^2}
=\frac{\bigl(1-\tfrac{4}{5}p\bigr)^2}
{\bigl(1-\tfrac{4}{5}p\bigr)^2+\;3\bigl(\tfrac{4}{15}p\bigr)^2}\,.
\]
For small \(p\) this suppresses errors to second order:
\[
F_{\rm logical}(p)
=1-\frac{16}{75}\,p^2+O(p^3).
\]
Final Answer:
\[
\boxed{
F_{\rm logical}(p)
=\frac{1-\tfrac{8}{5}p+\tfrac{16}{25}p^2}
{1-\tfrac{8}{5}p+\tfrac{64}{75}p^2}
\;=\;
\frac{\bigl(1-\tfrac{4}{5}p\bigr)^2}
{\bigl(1-\tfrac{4}{5}p\bigr)^2+3\bigl(\tfrac{4}{15}p\bigr)^2}
\;\approx\;1-\frac{16}{75}p^2\,.}
\]