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词汇 moral-hazard
释义 moral hazard
noun[ U ]
ukus
a situation in which people or organizations do not suffer from the results of their bad decisions, so may increase the risks they take:
The Bank of England argued that intervention would amount to "moral hazard".

Examples of moral hazard


moral hazard
The belief that they would not be allowed to fail created a moralhazard, which allegedly contributed to the late-2000s recession.
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Residual claimancy is generally required in order for there to be moralhazard, which is a problem typical of information asymmetry.
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Critics charge that strict liability creates risk of moralhazard.
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Critics question whether problems with adverse selection, moralhazard, information asymmetries, demand inducement, and practice variations can be addressed by private markets.
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The overuse of medical benefits is known as moralhazard individuals who are insured are then more inclined to consume health care.
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An excess is typically used to discourage moralhazard and to remove small claims, which are disproportionately expensive to handle.
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Moralhazard and conflict of interest may arise.
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This again increases the problems of moralhazard and adverse selection and therefore will drive the amount of funds available through lending down.
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This increases the risk of moralhazard and adverse selection problems for firms with a lower net worth.
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In effect, the mortgage originators were left with nothing which was at risk, giving rise to moral hazard in which behavior and consequence were separated.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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