The Selection of 13th‐Century Disputes for Litigation

27 Pages Posted: 9 May 2012

See all articles by Daniel M. Klerman

Daniel M. Klerman

University of Southern California Gould School of Law

Date Written: June 2012

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 13th‐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.

Suggested Citation

Klerman, Daniel M., The Selection of 13th‐Century Disputes for Litigation (June 2012). Journal of Empirical Legal Studies, Vol. 9, Issue 2, pp. 320-346, 2012. Available at SSRN: https://ssrn.com/abstract=2055071 or http://dx.doi.org/10.1111/j.1740-1461.2012.01255.x

Daniel M. Klerman (Contact Author)

University of Southern California Gould School of Law ( email )

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