Using a potential recently proposed by Baskes [Phys. Rev. Lett. 83, 2592 (1
999)], we study the influence of the many-body interactions on the thermody
namics and chaotic dynamics of small atomic clusters. With standard molecul
ar dynamics simulations as well as parallel tempering Monte Carlo, we calcu
late the complete heat capacity curves and the variations of the largest Ly
apunov exponent with total energy. We observe that increasing the magnitude
or decreasing the range of the many-body forces leads to an increase of ch
aos and a decrease in the melting temperature. Decreasing the range of the
many-body interactions also results in a significantly lower latent heat of
melting.