The problem with long-term risks, also, is that anything that we do to mitigate these risks creates moral hazard.

关乎长期风险的问题，我们要采取一切手段,减轻这些风险,带来的道德风险。

耶鲁公开课 - 金融市场课程节选

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。

耶鲁公开课 - 金融市场课程节选

He was dealing also with the moral hazard and adverse selection problem.

他当时也视图解决道德风险,以及逆向选择的问题

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

The classic example of moral hazard is with fire insurance.

道德风险的一个典型案例,就是火险。

耶鲁公开课 - 金融市场课程节选

.. 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。

耶鲁公开课 - 金融市场课程节选