Moral hazard
id:
moral-hazard-182-6762513
title:
Moral hazard
text:
In economics, a moral hazard is a situation where an economic actor has an incentive to increase its exposure to risk because it does not bear the full costs of that risk. For example, when a corporation is insured, it may take on higher risk knowing that its insurance will pay the associated costs. A moral hazard may occur where the actions of the risk-taking party change to the detriment of the cost-bearing party after a financial transaction has taken place. Moral hazard can occur under a typ
brand slug:
wiki
category slug:
encyclopedia
description:
Increases in the exposure to risk when insured, or when another bears the cost
original url:
https://en.wikipedia.org/wiki/Moral_hazard
date created:
2003-01-28T06:52:00Z
date modified:
2024-09-06T12:07:43Z
main entity:
{"identifier":"Q44454","url":"https://www.wikidata.org/entity/Q44454"}
image:
fields total:
13
integrity:
15