Emons, Winand; Fluet, Claude - Centre Interuniversitaire sur le Risque, les Politiques … - 2011
An arbiter can decide a case on the basis of his priors, or the two parties to the conflict may present further evidence. The parties may misrepresent evidence in their favor at a cost. At equilibrium the two parties never testify together. When the evidence is much in favor of one party, this...