We could get into a situation here of a moral hazard by rewarding bad behavior.
VOA: special.2009.08.08
We have to then realize that there is a moral hazard problem.
我们还必须意识到,这里面存在着道德风险。
.. 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。
Some people think that the rating agencies have allowed a kind of moral hazard to creep into their organization.
有些人认为,信用评级机构,已经让某种程度的道德风险,渗透到他们的机构中
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。
It does create moral hazard problems-- that's a problem with it, but that's something that we're learning about.
这会引发道德风险问题-,这是弊端所在,但这也正是我们要学习研究的。
The moral hazard crept in because they said, hey we can borrow at a high rate.
业内悄然出现道德危机,因为他们说,我们可以提高存款利率
The classic moral hazard problem is the problem that you give fire insurance on a house and someone burns down the house in order to collect the insurance.
有个经典的道德风险的例子就是,给一栋房子投保了火险,有人就可能会烧了这栋房子,以获得保险赔付
The other thing is moral hazard -this is that companies, once they borrow money from anybody, a bank or anyone else, they have an obligation, which is fixed in dollar terms.
另一个问题是道德风险,意思是说,一旦公司借了钱,无论是从银行还是其他渠道,他们就背负了一种义务,金钱的义务
It becomes an arm-twisting thing -because of this risk of moral hazard, the bank has a threat to take the money back and they are going to find out quickly if you, as a company, are behaving wrong.
这衍变成一种施压行为...,由于道德风险的存在,银行恐怕收不回欠款,因此,在你的公司行为不良时,他们便会迅速发现此事
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