Moral hazard is the risk that a party has not entered into a contract in good faith or has provided misleading information about its assets, liabilities, or credit capacity. In addition ...
Although it has been argued that IMF financing may create moral hazard, it is not easy to find clear evidence of such an effect. If the extent of IMF-induced moral hazard were known, any costs would ...
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The moral hazard of travelWilliam Culbert is a retired physician who lives in Oak Ridge. This article originally appeared on Oakridger: The moral hazard of travel ...
I will be the first to concede that this "moral hazard" theory of IMF lending is clever, having spent many years in the 1980s studying it and writing papers about it (including a 1988 piece with ...
If the negligence of bank executives leads to bank failures or bailouts, those executives should face civil monetary penalties, according to a new University of Michigan analysis.
Climate change isn’t just shifting global temperatures: It’s altering the fabric of our morals, including our understanding of right and wrong. In this four-part culture series, Grist explores ...
Hall, Brian J., and James G. Bohn. "The Moral Hazard of Insuring the Insurers." In The Financing of Catastrophe Risk, edited by Kenneth A. Froot. Chicago: University of Chicago Press, 1999.
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