The Selection of Thirteenth-Century Disputes for Litigation

Daniel M. Klerman

USC Gould School of Law

July 12, 2011

USC Law School, Olin Research Paper No. 00-10

Priest and Klein's seminal 1984 article argued that litigated cases differ systematically and predictably from settled cases. This article tests the Priest-Klein selection model using a data set of thirteenth-century English cases. These cases are especially informative because juries rendered verdicts even in settled cases, so one can directly compare verdicts in settled and litigated cases. The results are consistent with the predictions of the Priest-Klein article, as well as with the asymmetric-information selection models developed by Hylton and Shavell.

Number of Pages in PDF File: 58

Keywords: litigation, settlement, selection

JEL Classification: K41

working papers series

Download This Paper

Date posted: July 12, 2011  

Suggested Citation

Klerman, Daniel M., The Selection of Thirteenth-Century Disputes for Litigation (July 12, 2011). USC Law School, Olin Research Paper No. 00-10. Available at SSRN: http://ssrn.com/abstract=1884002 or http://dx.doi.org/10.2139/ssrn.1884002

Contact Information

Daniel M. Klerman (Contact Author)
USC Gould School of Law ( email )
699 Exposition Boulevard
Los Angeles, CA 90089
United States
213-740-7973 (Phone)
213-740-5502 (Fax)
HOME PAGE: http://www.klerman.com

Feedback to SSRN

Paper statistics
Abstract Views: 1,436
Downloads: 265
Download Rank: 68,087

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo2 in 0.297 seconds