Stability of the Sherrington-Kirkpatrick solution of a spin glass model

The stationary point used by Sherrington and Kirkpatrick (1975) in their evaluation of the free energy of a spin glass by the method of steepest descent is examined carefully. It is found that, although this point is a maximum of the integrand at high temperatures, it is not a maximum in the spin glass phase nor in the ferromagnetic phase at low temperatures. The instability persists in the presence of a magnetic field. Results are given for the limit of stability both for a partly ferromagnetic interaction in the absence of an external field and for a purely random interaction in the presence of a field.