A simple technique for the construction of gravity theories in Born-Infeld
style is presented, and the properties of some of these novel theories are
investigated. They regularize the positive energy Schwarzschild singularity,
and a large class of models allows for the cancellation of ghosts. The possible
correspondence to low energy string theory is discussed. By including curvature
corrections to all orders in alpha', the new theories nicely illustrate a
mechanism that string theory might use to regularize gravitational
singularities.Comment: 21 pages, 2 figures, new appendix B with corrigendum: Class. Quantum
Grav. 21 (2004) 529