Reply to Comment on ``Thermal Model for Adaptive Competition in a Market''
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❄️ cond-mat.stat-mech
cond-mat.dis-nn
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commentreplythermaladaptivebehaviourchalletclaimcompetition
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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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