General average and risk management in medieval and early modern maritime business / Maria Fusaro, Andrea Addobbati, Luisa Piccinno, editors.
Fusaro, Maria, editor.; Addobbati, Andrea, editor.; Piccinno, Luisa, 1969- editor.
2023
HE821 .G46 2023
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Title General average and risk management in medieval and early modern maritime business / Maria Fusaro, Andrea Addobbati, Luisa Piccinno, editors.
ISBN 9783031041181 electronic book
3031041186 electronic book
9783031041174
3031041178
9783031041204
3031041208
DOI https://doi.org/10.1007/978-3-031-04118-1
Published Cham, Switzerland : Palgrave Macmillan, 2023.
Language English
Description 1 online resource (1 volume) : illustrations (black and white, and colour).
Item Number 10.1007/978-3-031-04118-1 doi
Call Number HE821 .G46 2023
Dewey Decimal Classification 387.50940902
Summary Maria Fusaro is Professor in Early Modern Social and Economy History at the University of Exeter, UK, where she directs the Centre for Maritime Historical Studies. She is the PI for the ERC-funded project 'AveTransRisk Average Transaction Costs and Risk Management during the First Globalization (Sixteenth-Eighteenth Centuries)'. Andrea Addobbati is Professor of Early Modern History at the University of Pisa, Italy. Luisa Piccinno is Associate Professor of Economic History at the Department of Economics of University of Genoa, Italy. 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.
Bibliography, etc. Note Includes bibliographical references (pages 431-478) and index.
Access Note Open access
Digital File Characteristics text file PDF
Source of Description Description based on print version record.
Added Author Fusaro, Maria, editor.
Addobbati, Andrea, editor.
Piccinno, Luisa, 1969- editor.
Available in Other Form General average and risk management in medieval and early modern maritime business.
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Part 1: Why and How Risk is Shared
1. Introduction: Sharing Risks, on Averages and Why they Matter; Maria Fusaro
2. General Average and All the Rest: The Law and Economics of Early Modern Maritime Risk Mitigation; Ron Harris
3. Risky Narratives: Framing General Average into Risk-Management Strategies (13th-16th Centuries); Giovanni Ceccarelli
Part 2: Origins and Variants of Mutual Protection
4. General Average in Byzantium; Daphne Penna
5. Rules and Practices of General Average in the Islamic Mediterranean on the Eve of the Emergence of the Italian Communes; Hassan Khalilieh
6. Principles and Developments of General Average: Statutory and Contractual Loss Allowances from the Lex Rhodia to the Early Modern Mediterranean; Andrea Addobbati
Part 3: The Iberian Experience
7. The Mutualisation of Maritime Risk in the Crown of Castile, 1300-1550; Ana Maria Rivera Medina
8. General Average, Compulsory Contributions and Castilian Normative Practice in the Southern Low Countries (Sixteenth Century); Gijs Dreijer
9. The Nautical Republic of the Carrera de Indias: Commerce, Navigation, Casos Fortuitos and Averia Gruesa in the Sixteenth Century; Marta Garcia Garralon
Part 4: The Genoese Experience
10. General Average in Genoa: Between Statutes and Customs; Antonio Iodice
11. The Economic Structure of Maritime Trade Calling at the Port of Genoa through the Analysis of General Average Data (16th-17th centuries); Luisa Piccinno
12. Financing and Risk in Genoese Maritime Trade during the Eighteenth Century: Strategies and Practices; Andrea Zanini
Part 5: Mature Systems
13. Divide and Rule: Risk Sharing and Political Economy in the Free Port of Livorno; Jake Dyble
14. GA Adjustments in Amsterdam: Reinforcing Authority through Transparency and Accountability (late Sixteenth - early Seventeenth Century); Sabine Go
15. The Honour of Giving my Opinion: General Average, Insurance and the Compilation of the Ordonnance de la Marine of 1681; Lewis Wade.

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