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

Released on by Maria Fusaro
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  • General Average and Risk Management in Medieval and Early Modern Maritime Business Book Detail

  • Author : Maria Fusaro
  • Release Date : 2023-01-01
  • Publisher : Springer Nature
  • Genre : History
  • Pages : 510
  • ISBN 13 : 3031041186
  • File Size : 54,54 MB
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General Average and Risk Management in Medieval and Early Modern Maritime Business by Maria Fusaro PDF Summary

Book 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 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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