moral hazard

Definitions

  • WordNet 3.6
    • n moral hazard (economics) the lack of any incentive to guard against a risk when you are protected against it (as by insurance) "insurance companies are exposed to a moral hazard if the insured party is not honest"
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Usage

In literature:

This is the "Moral Hazard": the safety net is fast being transformed into a licence to gamble.
"After the Rain" by Sam Vaknin
What we may say is, that Robespierre was bound in all morality to defend Danton in the Convention at every hazard.
"Critical Miscellanies (Vol. 1 of 3)" by John Morley
In recent years the insurance companies have come to recognize very clearly what is called the moral hazard in life.
"Religion And Health" by James J. Walsh
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In news:

The grand opening of a United Nations General Assembly has its moral hazards.
"Equitable sharing" — the consensual splitting of ill-gotten loot by the looters — reeks of the moral hazard that exists in situations in which incentives are for perverse behavior.
The money market mutual funds and moral hazard .
No moral hazard in safety nets.
Lane Filler of Newsday, author of a June 27 commentary headlined " Moral hazard s apply to more than banking," is one mean-spirited dude.
Yet another form of moral hazard .
Lehman Brothers and the Persistence of Moral Hazard .
Moral Hazard and the Crisis.
The Moral Hazard of the NBA Draft.
Finessing ' Moral Hazard ' Is Tough in Housing Plan.
Ornstein On The Economy's Moral Hazard Meltdown.
Just this am, I was wondering about moral hazard : Aristotle.
Designated Hitter as Moral Hazard , The.
Fund Raisers' Bonuses: a Moral Hazard for Higher Education.
Moral hazards apply to more than banking.
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