Includes bibliographical references and index.

Preliminary Material / Gijs Dreijer -- Copyright page / Gijs Dreijer -- Acknowledgements / Gijs Dreijer -- Images, Tables, and Maps / Gijs Dreijer -- Abbreviations / Gijs Dreijer -- Chapter 1 Introduction / Gijs Dreijer -- Chapter 2 The Power and Pains of Polysemy / Gijs Dreijer -- Chapter 3 General Average in Formal Sources of Law / Gijs Dreijer -- Chapter 4 GA in Legal Practice / Gijs Dreijer -- Chapter 5 Contractual Varieties of Averages and Cost Management / Gijs Dreijer -- Chapter 6 Consular Averages, Compulsory Contributions and Protection Costs / Gijs Dreijer -- Conclusion / Gijs Dreijer -- Appendix / Gijs Dreijer -- Bibliography / Gijs Dreijer -- Index / Gijs Dreijer.

As the fall-out of the Ever Given Suez canal blockage shows, an ancient instrument like General Average (GA) is still highly relevant in redistributing risks and costs in maritime trade. However, bar marine insurance, not much is known about the development of tools of maritime risk management like GA, which redistributes extraordinary costs incurred for the common safety of maritime ventures. This book investigates the development of General Average and other so-called Averages in the Low Countries on the eve of the early modern period, showing how the various varieties of Averages played a significant role in the development of maritime risk management and the broader institutional development in the Low Countries.

English