A moral hazard is a situation where an economic actor has an incentive to increase its exposure to risk because it does not bear the full costs of that risk.
Moral hazard + lack of ability to perform economic calculation = really big problem https://t.co/jSN1a9xjFe
道德风险是指经济行为者有动机增加其风险敞口,因为它不承担该风险的全部成本。
道德风险缺乏执行经济计算的能力=真正的大问题https://t.co/jSN1a9xjFe