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moral hazard
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in economics, situation creating an incentive to take more risk (or otherwise change one's behavior) when another party will bear the costs
Wikidata facts
- Subclass of
- perverse incentive
Show 2 more facts
- on focus list of Wikimedia project
- Wikipedia:Vital articles/Level/4
- different from
- temptation
Sources (3)
via Wikidata · CC0
~29 min read
Encyclopedic overview
Instruments
Bond
Excerpted from Wikipedia’s “moral hazard” article, available under the CC BY-SA 4.0 licence.