Moral hazard/Definition: Difference between revisions
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imported>Nick Gardner (New page: Motivation to take an otherwise unwarranted risk because the cost of an unfavourable outcome would be borne by someone other than the risk-taker.) |
imported>Alexander Wiebel m (Template:Def Moral hazard moved to Moral hazard/Definition: Moving_definition) |
(No difference)
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Revision as of 05:25, 23 May 2008
Motivation to take an otherwise unwarranted risk because the cost of an unfavourable outcome would be borne by someone other than the risk-taker.