Actually, efficiency loss in the bancassurance system is mainly caused by the phenomenon of "excessive incentives but insufficient constraints" in incentive mechanism design.

导致银保合作的效率损失原因主要是参与者之间的激励机制设计普遍表现激励有余，约束却不足。

youdao

They did what their incentive structures were designed to do: focusing on short-term profits and encouraging excessive risk-taking.

他们的行动是基于他们的奖励机制的：专注于短期赢利，鼓励承担过度风险。

youdao

On the other side when the deposit insurance system is not designed properly can give rise to bank crisis as it gives incentive to the Banks to take excessive risks.

另一方面，存款保险制度不是设计用来导致银行危机，它会激励银行承担过度风险。

youdao

Again, that is a problem that lenders have that the company that's borrowing the money has this unfortunate incentive, at least at certain times, to take excessive risks because the debtors will end up bearing the losses.

这便是贷方遇到的又一问题,即借款公司可能会,抱有此种不良动机,至少在特定情况下会过分地追求风险,这样最终蒙受损失的将是债务人

耶鲁公开课 - 金融市场课程节选

More broadly, corporations may have excessive incentive to take large risks because those choosing these risks are shielded from the consequences.

FORBES: The Gulf Spill: Should Execs Be Personally Liable?

But only at the cost of encouraging people to take on debts they couldn't afford - and giving banks an incentive to take excessive risks.

BBC: Masters of Money: Friedrich Hayek

Mr Spitzer claims that the bankers on this committee would have been reluctant to complain about Mr Grasso's excessive pay, since they had a clear incentive to get along with him: he had a regulatory role and some influence over other regulatory bodies, such as the Securities and Exchange Commission (SEC).

ECONOMIST: The people’s lawyer strikes again | The