We study the collective behavior of an Ising system on a small-world network with the interaction $J(r) propto r^{-alpha}$, where $r$ represents the Euclidean distance between two nodes. In the case of $alpha = 0$ corresponding to the uniform interaction, the system is known to possess a phase transition of the mean-field nature, while the system with the short-range interaction $(alphatoinfty)$ does not exhibit long-range order at any finite temperature. Monte Carlo simulations are performed at various values of $alpha$, and the critical value $alpha_c$ beyond which the long-range order does not emerge is estimated to be zero. Thus concluded is the absence of a phase transition in the system with the algebraically decaying interaction $r^{-alpha}$ for any nonzero positive value of $alpha$.
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