肯尼斯·约瑟夫·阿罗纪念论文集，第3卷，不确定性、信息与交流。

Essays in honor of kenneth j. Arrow: volume 3, uncertainty, information, and communication.

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因此，这些银行或许更易做出风险投资，如同肯尼斯·阿罗(1972)和约瑟夫·施蒂格利茨(2001)提出的道德风险的这个概念。

As a consequence, these Banks may be more likely to make risky investments, a concept described by Kenneth Arrow (1972) and Joseph Stiglitz (2001) as moral hazard.

youdao

因此，这些银行或许更易做出风险投资，如同肯尼斯·阿罗(1972)和约瑟夫·施蒂格利茨(2001)提出的道德风险的这个概念。

As a consequence, these Banks may be more likely to make risky investments, a concept described by Kenneth Arrow (1972) and Joseph Stiglitz (2001) as moral hazard.

youdao