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Books > Law > Jurisprudence & general issues > Legal history
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General Average and Risk Management in Medieval and Early Modern Maritime Business (Paperback, 1st ed. 2023)
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General Average and Risk Management in Medieval and Early Modern Maritime Business (Paperback, 1st ed. 2023)
Expected to ship within 9 - 15 working days
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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.
General
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