General Average and Risk Management in Medieval and Early Modern Maritime Business

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Tác giả: Andrea Addobbati, Maria Fusaro, Luisa Piccinno

Ngôn ngữ: eng

ISBN-13: 978-3031041181

ISBN: 978-3-031-04118-1

Ký hiệu phân loại:

Thông tin xuất bản: Cham : Springer Nature, 2023

Mô tả vật lý: 1 electronic resource (499 p.)

Bộ sưu tập: Tài liệu truy cập mở

ID: 343897

This open access book explores the history of risk management in medieval and early modern European maritime business, focusing particularly on 'General Average' - a mechanism by which extraordinary expenses regarding ship or cargo, incurred during a voyage to save the venture, are shared between all participants to protect equity. This volume traces the history of this risk management tool from its origins in the pre-Roman Mediterranean through to its use in the shipping sector today. Contributions range from the Islamic Mediterranean to the Low Countries, and taken together, provide a wide-ranging analysis of social, cultural, and political aspects of pre-modern maritime commerce in Europe.
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