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

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Product Information

ISBN9783031041204
PublisherSpringer International Publishing AG
Price (excl. tax)€44.25
Tax€2.65
Price (incl. tax)€46.90
Availability2 units in external warehouse

Product 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.