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The Selection of Thirteenth-Century Disputes for Litigation

9 Journal of Empirical Legal Studies 320-46 (2012)

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

58 Pages Posted: 12 Jul 2011 Last revised: 19 Dec 2014

Daniel M. Klerman

USC Gould School of Law

Date Written: July 12, 2011

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.

Keywords: litigation, settlement, selection

JEL Classification: K41

Suggested Citation

Klerman, Daniel M., The Selection of Thirteenth-Century Disputes for Litigation (July 12, 2011). 9 Journal of Empirical Legal Studies 320-46 (2012); USC Law School, Olin Research Paper No. 00-10. Available at SSRN: https://ssrn.com/abstract=1884002 or http://dx.doi.org/10.2139/ssrn.1884002

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://weblaw.usc.edu/contact/contactInfo.cfm?detailID=227

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