General Average and Risk Management in Medieval and Early Modern Maritime Business
Paperback (24 Dec 2022)
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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.
Book information
ISBN: | 9783031041204 |
Publisher: | European Research Council |
Imprint: | Palgrave Macmillan |
Pub date: | 24 Dec 2022 |
DEWEY: | 387.50940902 |
DEWEY edition: | 23 |
Language: | English |
Number of pages: | 433 |
Weight: | 688g |
Height: | 152mm |
Width: | 254mm |
Spine width: | 39mm |