RobinHanson comments on Programmatic Prediction markets - Less Wrong
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If you tax programs, where does that revenue go, so that traders can expect to gain on average?
What I am thinking is of is a scheme like the following.
Allow one free change of program per time period, say a month. Extra program changes would require a small administration fee. There wouldn't be any fee for the programs to trade.
The exact details of this would depend on the market.