Effects of Insurance on Maritime Liability Law: A Legal and Economic Analysis

Idioma: inglés

Editorial: Springer, 2014

3319034871 / 9783319034874

Librería: killarneybooks, Inagh, Clare, Irlandakillarneybooks

Vendedor de 5 estrellas

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Descripción del artículo del vendedor

Hardcover, xv + 210pp, NOT ex-library. A clean and bright copy with unmarked text, free of inscriptions and stamps. Firm secure binding. Published without a dust jacket. --- 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 principles served the function of insurance mostly for shipowners. As commercial marine insurance is now widely available, these principles have lost their justification and may in fact interfere with the most important goal of liability law i.e., deterrence from negligence. The work thus recommends their abolition. It further argues that when insurance is easily available and affordable to the both parties to a liability claim, the main goal of liability law should be deterrence as opposed to compensation. This is exactly the case with the maritime cargo liability claims where both cargo owners and shipowners are invariably insured. As a result, the sole focus of cargo liability law should be and to a great extent, is deterrence. On the other hand, in the vessel-source oil pollution liability setting, pollution victims are not usually insured. Therefore, oil pollution liability law has to cater both for compensation and deterrence, the two traditional goals of liability law. The final question the work addresses is whether the deterrent effect of liability law is affected by the availability of liability insurance. Contrary to the popular belief the work attempts to prove that the presence of liability insurance is not necessarily a hindrance but can be a complementary force towards the realization of deterrent goal of liability law. --- 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.…

Título
Effects of Insurance on Maritime Liability Law: A Legal and Economic Analysis
Autor
Muhammad Masum Billah
Editorial
Springer
Año de publicación
2014
Estado
Near Fine
Encuadernación
Hardcover
Idioma
inglés
ISBN 10
3319034871
ISBN 13
9783319034874

killarneybooks

Inagh, Clare, Irlanda

Vendedor de 5 estrellas

Vendedor de IberLibro desde 20 de abril de 2017

Tarifas de envío de Irlanda a Estados Unidos de America

ArtículoDe 6 a 7 días hábilesDe 3 a 4 días hábiles
Primer artículoEUR 33,70EUR 38,00
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All U.S.-bound orders are now shipped with UPS for reliable delivery. Additional customs or import fees are highly unlikely; however, please note buyers remain responsible for any duties or taxes that U.S. Customs may assess. -- Killarneybooks is a family-run bookshop based in the Republic of Ireland. We take pride in accurate listings, careful packaging, and prompt service - most orders ship within 24 hours. All books listed are in stock and ready for immediate dispatch - we are not dropshippers. Inquiries always welcome.…

Especialidad

professional, academic, non-fiction

Información empresarial del vendedor

killarneybooks

Irlanda

Business Name: killarneybooks
Business Type: Sole Trader
Trade Register Number: 1976607T (not VAT-registered)
Business Address: Ballynoe, Inagh, Co. Clare

Customer Service representative: Ada Boosey

Phone: 0353 857512674
Email: killarneybookseu@yahoo.com