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

They have to contend with something called moral hazard, which is the risk that people will be affected by the fact that they're insured and do something bad.

保险公司必须应对道德风险的问题,也就是说,有些人可能会因为购买了保险,而动了歪念来骗取保费

耶鲁公开课 - 金融市场课程节选

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

耶鲁公开课 - 金融市场课程节选

Non-obvious ideas were conceived of to solve these problems of long-term risks and to get around the psychological barriers imposed by framing biases and psychological biases, in order to allow people to actually manage the risk and to get around moral hazard.

解决方法需要被研究并发掘,来处理长期风险问题,避开由于框架效应,引起的心理障碍，能够使人们真正控制风险,规避道德风险。

耶鲁公开课 - 金融市场课程节选