Abstract
We determine the phase transition of the Levy spin glass. A regularized model where the coupling constants smaller than some cutoff are neglected can be studied by the cavity method for diluted spin glasses. We show how to handle the limit and determine the de Almeida-Thouless transition temperature in presence of an external field. Contrary to previous findings, in zero external field we do not find any stable replica-symmetric spin glass phase: the spin glass phase is always a replica-symmetry-broken phase.
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