moral hazard

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Related to Moral hazards: Adverse selection, Physical Hazards
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Words related to moral hazard

(economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance)

References in periodicals archive ?
As DISY we acknowledge the moral hazard and we are concerned," lawmaker and academic economist Marios Mavrides said in a telephone interview on Tuesday.
2014) note, the cost of raising resources outweighs the quantity of resources raised and has a negative performance effect related to family-specific moral hazards (Khavul et al.
Lack of moral character gives rise to a class of risks known by insurance men as moral hazards.
In Table 7, we used the Wald statistic to test the hypothesis that the means of the moral hazards are equal.
Each user is different and the moral hazards inherent in user and software mismatch can take many shapes," said Thompson.
exacerbate the moral hazards of third-party insurance contracts, the
Three-quarters into Moral Hazard, Kate Jennings' hilarious and horrific tale of 1990s Wall Street, the soul-sucking turns literal.
Whatever limitations the estate tax may have put on the moral hazards of inheritance are now being eroded by President Bush's decision to start repealing the tax.
Many banking regulators, academics, and others hold that deposit insurance creates an undesirable moral hazard in banking.
See arguments about the moral hazards of legalizing drugs or prostitution.
Somewhat related to the moral hazards problem is the peculiar nature of the demand for insurance in health care.
Legitimate concerns persist about the strategic efficacy and moral hazards offered up by the nation's horizonless War on Terror, including how much it is really going to cost and how it should, in justice, be paid for and in justice executed.
After a discussion of IVF's inherent moral hazards, the procedure is unequivocally denounced; therefore, it follows that human cloning, being wholly dependent on IVF techniques, is by extension prohibited.
My second point concerns the mitigation of moral hazard.