For example, if moral hazard is associated with deposit insurance, the greater risks banks take may demand stronger preventive techniques. |
It also minimizes moral hazard, by centralizing negotiations over fee structures, and eliminating the collective action problem in enforcement. |
The pattern of bailouts since 1995 has distorted the operation of financial markets by creating moral hazard. |
Presented with the first authentic democratic challenge to their rules, they pettifogged on detail and fretted about moral hazard. |
These theories highlight the problems of moral hazard in the principal-agent relation. |
Five years ago, when the government bailed out Bear Stearns, we heard a lot about moral hazard. |