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。

耶鲁公开课 - 金融市场课程节选

Businesses of course can't actually invest in the lottery -that would be contrary to the terms of their loan -but they can do similar things.

当然了,企业是不能拿贷款去买彩票的,这会有悖于贷款的合同条款,但他们可能会去做类似的事

耶鲁公开课 - 金融市场课程节选