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    • Removing arbitrage from wagering mechanisms 

      Chen, Yiling; Devanur, Nikhil R.; Pennock, David M.; Vaughan, Jennifer Wortman (Association of Computing Machinery, 2014)
      We observe that Lambert et al.'s [2008] family of weighted score wagering mechanisms admit arbitrage: participants can extract a guaranteed positive payoff by betting on any prediction within a certain range. In essence, ...