with moral hazard
网络释义
On that score the old system of historic-cost accounting was worse. In a crisis prices fall until bottom-fishers start to buy. Yet when assets were booked at their original price, rather than the market one, banks could delude themselves—and investors—that dross was gold. Under historic-cost accounting, the banks had every reason not to restructure assets, because that meant owning up to their losses. Look at Japan, where the economy was sunk for most of the 1990s by stagnant loans to “zombie” companies. Historic-cost left investors in the dark about valuations; it was also prone to fraud and fraught with moral hazard, since sloppy lending went unpunished.
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双语例句原声例句权威例句
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In the principle-agent problem with moral hazard, the observation of the state of nature has the same effect with the monitoring of agent's action.
在道德风险问题的委托代理关系中，委托人对代理人行动的监督与对自然状态的观测所起的效果是等价的。
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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。
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Stricter dispensing guidelines for doctors and pharmacists might help deal with the moral hazard of overtreatment.
对医生和药剂师提出更为严格的配药指导原则可以解决过量治疗带来的道德风险。
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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。
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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。
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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
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