对轻率的放款机构与投资人纾困，会不会引发道德风险？

Did it cause moral hazard as reckless lenders and investors were effectively bailed out?

youdao

另一方面，拥有不完全信息的LOLR 容易引发道德风险问题，从而是事前无效率的。

On the other hand, the presence of an imperfectly informed LOLR is conductive to the moral hazard problem, So it is ex ante inefficiency.

youdao

在信息不对称的信贷市场中，贷款利率和担保要求对于不同风险偏好的借款者会产生逆向选择效应，并且可能会引发道德风险。

In an asymmetric information credit market, interest rate and collateral requirements have adverse selection effect to different risk preference, and may cause moral hazard.

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