Stimulated by the two-dimensional frustrated Heisenberg antiferromagnet with first-, second-, and third-neighbor couplings (J_{1}-J_{2}-J_{3} model) we consider a corresponding three-parameter model with a long-range antiferromagnetic Lieb-Mattis interaction. This model can be solved exactly and leads to a better understanding of the role of frustration in the J_{1}-J_{2}-J_{3} model. We calculate the correlations in the groundstate and consider their finite size behavior. Furthermore we present the full thermodynamic phase diagram. We find the possibility of a disordered phase at T=0.
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