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Lumifer comments on [Link] Small-game fallacies: a Problem for Prediction Markets - Less Wrong Discussion

10 Post author: Antisuji 28 May 2015 03:32AM

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Comment author: Lumifer 28 May 2015 03:56:01PM 10 points [-]

the existence of the market also gives rise to parallel external incentives.

Yes, this is generally true, so what? A sports betting market, then, is necessarily a market for breaking players' legs, any country's stock and bond markets are markets in political assassination of its leaders, etc. etc.