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

9783031041204

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Additional Information
Author(s) :- Format :- Paperback
Publisher :- Springer International Publishing AG Pub. Date :- 2022-12-24
ISBN-13 :- 9783031041204
Edition:- 1st ed. 2023
Pagination :- 499 pages, 17 Illustrations, color; 1 Illustrations, black and white; XXVI, 499 p. 18 illus., 17 ill
Dimensions :- 152 x 254 x 39
Weight :- 688
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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.

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