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Reply to Comment on ``Thermal Model for Adaptive Competition in a Market''

Statistical Mechanics 2009-10-31 v1 Disordered Systems and Neural Networks

Abstract

We reply to the Comment of Challet et al. [cond-mat/0004308] on our paper [Phys. Rev. Lett. 83, 4429 (1999)]. We show that the claim of the Comment that the effects of the temperature in the Thermal Minority Game ``can be eliminated by time rescaling'' and consequently the behaviour is ``independent of T'' has no general validity.

Keywords

Cite

@article{arxiv.cond-mat/0005134,
  title  = {Reply to Comment on ``Thermal Model for Adaptive Competition in a Market''},
  author = {Andrea Cavagna and Juan P. Garrahan and Irene Giardina and David Sherrington},
  journal= {arXiv preprint arXiv:cond-mat/0005134},
  year   = {2009}
}

Comments

1 page, 1 figure