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“Law and Economics” Literature and Ottoman Legal Studies

Author

Listed:
  • Metin M. Cosgel

    (University of Connecticut)

  • Bogac A. Ergene

    (University of Vermont)

Abstract

This article considers the relevance of hypotheses developed in the "law and economics" literature regarding settlement/trial decisions in the Ottoman Empire. In particular, it explores the applicability of the "selection principle" and "50 percent plaintiff win-rate" formulated by George Priest and Benjamin Klein. The article also demonstrates how existing research based on Ottoman court records can contribute to the "law and economics" scholarship, which is dominated by research based on modern, Western contexts. The article utilizes the court records from eighteenth-century Kastamonu to make observations about settlement/litigation decisions in an Ottoman context.

Suggested Citation

  • Metin M. Cosgel & Bogac A. Ergene, 2013. "“Law and Economics” Literature and Ottoman Legal Studies," Working papers 2013-02, University of Connecticut, Department of Economics.
  • Handle: RePEc:uct:uconnp:2013-02
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    Keywords

    Islamic law; legal system; selection principle; Ottoman Empire; Kastamonu; litigation; settlement; trial;

    JEL classification:

    • D3 - Microeconomics - - Distribution
    • D6 - Microeconomics - - Welfare Economics
    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • J1 - Labor and Demographic Economics - - Demographic Economics
    • N3 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy
    • N9 - Economic History - - Regional and Urban History
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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