Dictionary

moral hazard en · NOUN

Meanings

1. (uncountable, usually) The prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk.
   • Pyne said the uncapped scheme introduced a “moral hazard” because it encouraged employers and workers to agree to overgenerous redundancy entitlements, knowing taxpayers would foot the bill if the company failed. 2014 September 4, Lenore Taylor, quoting Christopher Pyne, “Capping redundancy payments fixes 'moral hazard', says Christopher Pyne”, in The Guardian, →ISSN:
   • And what about moral hazard—or concern that protecting the system, however errant the behaviour of certain bankers, will encourage more folly in the future? 2008 October 4, William Keegan, “Moral hazard? It's just another danger along the capitalist way”, in The Guardian, →ISSN:
   • I go to a lot of pro-market think tank events where one speaker or another blames the financial crisis and the current recession on moral hazard, as well as basically everything else that has gone wrong in the last sixty years. I'm afraid I don't see it. 2009 December 18, Megan McArdle, “How Big a Problem is Moral Hazard?”, in The Atlantic:

Forms

Relateds

adverse selection · heads I win, tails you lose

Translations (14)

pl pokusa nadużycia (prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk) · ca risc moral (prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk) · de Rationalitätsfalle (prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk) · it azzardo morale (prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk) · cmn 道德風險 /道德风险 (prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk) · yue 道德風險 /道德风险 (prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk) · nl moreel risico (prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk) · nan 道德風險 /道德风险 (prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk) · de moralisches Risiko (prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk) · fr hasard moral (prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk) · es riesgo moral (prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk) · fi moraalikato (prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk) · scn rìsicu murali (prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk) · nl moreel wangedrag (prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to the risk)