The court jester hypothesis builds upon the punctuated equilibrium theory of Stephen Gould (1972) Eldredge, Niles and S. J. Gould (1972). "Punctuated equilibria: an alternative to phyletic gradualism" In T.J.M. Schopf, ed., Models in Paleobiology. San Francisco: Freeman Cooper. pp. 82–115. Reprinted in N. Eldredge Time frames. Princeton: Princeton Univ. Press, 1985. by providing a primary mechanism for it. The 2001 paper by Barnosky that is one of the first to use the term appropriate for the Court Jester side of the debate: the Stability hypothesis of Stenseth and Maynard Smith (1984), Vrba's Habitat Theory (1992), Vrba's Turn-over pulse hypothesis (1985), Vrba's Traffic light hypothesis and Relay Model (1995), Gould's Tiers of Time (1985), Brett and Baird's Coordinated Statis (1995), and Graham and Lundelius' Coevolutionary Disequilibrium (1984) theories. Anthony Barnosky, "Distinguishing The Effects Of The Red Queen And Court Jester On Miocene Mammal Evolution In The Northern Rocky Mountains" Journal of Vertebrate Paleontology 21(1):172–185 at Table 1, March 2001 URL
The court jester hypothesis builds upon the punctuated equilibrium theory of Stephen Gould (1972) Reprinted in by providing a primary mechanism for it. The 2001 paper by Barnosky that is one of the first to use the term appropriate for the Court Jester side of the debate: the Stability hypothesis of Stenseth and Maynard Smith (1984), Vrba's Habitat Theory (1992), Vrba's Turn-over pulse hypothesis (1985), Vrba's Traffic light hypothesis and Relay Model (1995), Gould's Tiers of Time (1985), Brett and Baird's Coordinated Statis (1995), and Graham and Lundelius' Coevolutionary Disequilibrium (1984) theories. 
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Eldredge, Niles and S. J. Gould (1972). "Punctuated equilibria: an alternative to phyletic gradualism" In T.J.M. Schopf, ed., Models in Paleobiology. San Francisco: Freeman Cooper. pp. 82–115. Reprinted in N. Eldredge Time frames. Princeton: Princeton Univ. Press, 1985.
Reprinted in
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Anthony Barnosky, "Distinguishing The Effects Of The Red Queen And Court Jester On Miocene Mammal Evolution In The Northern Rocky Mountains" Journal of Vertebrate Paleontology 21(1):172–185 at Table 1, March 2001 URL