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

Preprint

8 May 2000

preprint
Published by arXiv in arXiv

https://doi.org/10.48550/arXiv.cond-mat/0005134

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

ADAPTIVE COMPETITION
REPLY TO COMMENT
THERMAL MODEL
COMPETITION
CLAIM
GAME

All Related Versions

Version 1, 2000-05-08, ArXiv
Published version: Physical Review Letters, 85 (23), 5008.

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