Abstract

http://ssrn.com/abstract=1884002
 


 



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

Abstract:     
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





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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

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