Description
| Product ID: | 9783031041174 |
| Product Form: | Hardback |
| Country of Manufacture: | GB |
| Title: | General Average and Risk Management in Medieval and Early Modern Maritime Business |
| Authors: | Author: Andrea Addobbati, Maria Fusaro, Luisa Piccinno |
| Page Count: | 499 |
| Subjects: | European history, European history, Economic history, Transport industries, Legal history, Economic history, Shipping industries, Legal history, Europe, c 1000 CE to c 1500 |
| Description: | 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 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. |
| Imprint Name: | Palgrave Macmillan |
| Publisher Name: | Springer International Publishing AG |
| Country of Publication: | GB |
| Publishing Date: | 2023-01-02 |
