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

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

2000-05-08

arxiv.org/abs/cond-mat/0005134v1

Phys. Rev. Lett 85, 5008 (2000)

Physics

Condensed Matter

Statistical Mechanics

1 page, 1 figure

Scientific paper

10.1103/PhysRevLett.85.5008

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.

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