On the home court advantage. Participation of locals and non-residents in a village law court in sixteenth-century Holland
Rural law courts are sometimes believed to have contributed to juridical fragmentation, which led to coordination failures and, hence, to high transaction costs. We present a case study of the village law court of Mijnsheerenland, and pay particular attention to the question of whether non-residents expected villagers to have a 'home court' advantage. Our analysis of default risk premiums demanded