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oapen-20.500.12657-607732024-03-27T14:15:06Z General Average and Risk Management in Medieval and Early Modern Maritime Business Fusaro, Maria Addobbati, Andrea Piccinno, Luisa insurance business mitigation trade thema EDItEUR::N History and Archaeology::NH History::NHD European history thema EDItEUR::L Law::LA Jurisprudence and general issues::LAZ Legal history thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history 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. 2023-01-20T16:52:57Z 2023-01-20T16:52:57Z 2023 book ONIX_20230120_9783031041181_2 9783031041181 https://library.oapen.org/handle/20.500.12657/60773 eng application/pdf n/a 978-3-031-04118-1.pdf https://link.springer.com/978-3-031-04118-1 Springer Nature Palgrave Macmillan 10.1007/978-3-031-04118-1 10.1007/978-3-031-04118-1 6c6992af-b843-4f46-859c-f6e9998e40d5 a88f7f15-e6f4-4051-8cdf-5a18b056d678 9783031041181 European Research Council (ERC) Palgrave Macmillan 499 Cham [...] 724544 European Research Council ERC open access
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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.
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