The Parisi functional is a variational functional encoding hierarchical overlap parameters of a mean-field spin glass. In the zero-temperature
Gaussian Sherrington-Kirkpatrick convention with covariance , admissible parameters are nonnegative
nondecreasing right-continuous functions
on
with
. The value function
solves
with terminal value .
The functional is
Its minimum is the limiting expected maximum energy per spin of this model. Define the Stieltjes measure by . It is locally finite
but need not be a probability measure or have
finite total mass.