Boston University School of Law

A Formalization and Extension of
the Priest-Klein Hypothesis


Keith N. Hylton and Haizhin Lin
Boston University School of Law Working Paper 11-28

Abstract

This paper provides a formal model of the Priest-Klein trial selection hypothesis, and extends the hypothesis as well.  We derive the conditions under which the hypothesis is valid, and examine implications for the relationship between trial outcome uncertainty and litigation.

Keywords: Trial selection theory, Priest-Klein hypothesis,

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Suggested Citation:

Keith N. Hylton and Haizhin Lin, "A Formalization and Extension of the Priest-Klein Hypothesis," B.U. Law Working Paper No. 11-28; SSRN No. 1864728.

Contact Information

Keith N. Hylton

Boston University School of Law
765 Commonwealth Avenue
Boston, MA 02215

E-Mail: knhylton@bu.edu

Haizhen Lin
Assistant Professor of Business Economics
Indiana University, Bloomington
Kelley School of Business

E-Mail: hzlin@indiana.edu

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