Effects of Insurance on Maritime Liability Law A Legal and Economic Analysis
The book examines how the absence of insurance in the past led to some special maritime liability law principles such as ‘general average’ (i.e., losses or expenses shared by all the parties to a maritime adventure) and the limitation of shipowners’ liability. In the absence of insurance, these prin...
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| Format: | eBook |
| Language: | English |
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Cham
Springer International Publishing
2014, 2014
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| Edition: | 1st ed. 2014 |
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| Online Access: | |
| Collection: | Springer eBooks 2005- - Collection details see MPG.ReNa |
Table of Contents:
- 1. Introduction
- 2. Lack of Insurance and Its Effect on Maritime Liability Law: A Historical Evaluation
- 3. Insurance and Limitation of Ship owners’ Liability: An Economic Analysis
- 4. Insurance through General Average: Its Justifications and Effects on Optimal Care and on Social Costs
- 5. Maritime Cargo Liability Regimes in Light of Insurance Realities
- 6. Role of Insurance in Providing Adequate Compensation for Oil Pollution Damage and in Reducing Oil Pollution Incidents
- 7. Incentive Effect of Liability Rules in the Presence of Liability Insurance
- 8. Conclusion