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。

youdao

So what the paper wants to study is the moral hazard problem of the agent and insurance company.

因此本文要研究的是保险代理人与保险公司的道德风险问题。

youdao

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。

youdao

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

These are efforts to solve the moral hazard problem and to manage risks.

这些都是为了解决道德风险问题,和进行风险管理。

耶鲁公开课 - 金融市场课程节选

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

耶鲁公开课 - 金融市场课程节选

Another thing worrying Congress is that bailing out banks that have made bad decisions will encourage them to take even greater risks in the future - the so-called moral hazard problem.

BBC: Would a $700bn bail-out end the crisis?

In other words the moral-hazard problem will be even greater.

ECONOMIST: A new economic era is dawning

Importantly, as my FOMC colleague Gary Stern has pointed out, it would also mitigate moral hazard and the problem of "too big to fail" by reducing the range of circumstances in which systemic stability concerns might be expected by markets to prompt government intervention.

FORBES: Reducing Systemic Risk