This paper analyzes judicial self-interest and information asymmetries as two major components of the uncertainty, which can emerge in the process of litigation. Judicial self-interest is analyzed as a potential uncertainty-triggering factor as basic human desires such as opportunism and career...

Might the resource costliness of making signals credible be low or negligible? Using a job market as an example, we build a signaling model to determine the extent to which a transfer from an applicant might replace a resource cost as an equilibrium method of achieving signal credibility. Should...