I think it ought to remind us of what's at stake when we invoke the notion of objectivity.
它应该提醒我们当,我们产生客观性这一概念时会出现什么风险。
You have to exclude those causes that generate moral hazard problems for the insurance to work; otherwise, the whole system will fail.
你得将一些,有可能会产生道德风险的情况,排除在外;,否则,整个保险系统就失效了。
Moral hazard occurs when a risk management institution incentivizes you to do bad behavior-- to show bad behavior.
道德风险产生于,风险管理机构怂恿人们,采用有悖于道德与人性手段。
When you manage risks, you create moral hazard.
当你试图管理风险时,就会产生道德风险。
.. It's not going to work, we're not going to enjoy-- something's wrong with that because it's going to create a moral hazard problem and we're not going to be as productive.
那样行不通,我们没法-,那样会产生麻烦,会产生道德风险,生产力也会下降。
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