Although experimental evidence for retrocausation exists, there are clearly subtleties to the phenomenon. The bilking paradox, in which one intervenes to eliminate a subsequent cause after a preceding effect has occurred, appears on the surface to show that retrocausation is logically impossible. In a previous paper, the second law of thermodynamics was invoked to show that the entropy in each process of a psi interaction (presentience, telepathy, remote perception, and psychokinesis) cannot decrease, prohibiting psi processes in which signals condense from background fluctuations. Here it is shown, perhaps contrary to one's intuition, that reversible processes cannot be influenced through retrocausation, but irreversible processes can. The increase in thermodynamic entropy in irreversible processes - which are generally described by Newtonian mechanics but not Lagrangian dynamics and Hamilton's Principle - is required for causation. Thermodynamically reversible processes cannot be causal and hence also cannot be retrocausal. The role of entropy in psi interactions is extended by using the bilking paradox to consider information transmission in retroactive psychokinesis (PK). PK efficiency, eta(PK), is defined. A prediction of the analysis is that eta(PK) <= H/H-0, where H is the information uncertainty or entropy in the retro-PK agent's knowledge of the event that is to be influenced retrocausally. The information entropy can provide the necessary ingredient for non-reversibility, and hence retrocausation. Noise and bandwidth limitations in the communication to the agent of the outcome of the event increase the maximum PK efficiency. Avoidance of the bilking paradox does not bar a subject from using the premonition of an event to prevent it from occurring. The necessity for large information entropy, which is the expected value of the surprisal, is likely to be essential for any successful PK process, not just retro-PK processes. Hence uncertainty in the communication process appears to be a necessary component of retrocausation in particular, and of PK in general.