Lingo: Moral Hazard

by Kristen Maxwell | May 1, 2012

What happens when someone is insulated from the repercussions of their actions and never has to face the consequences? From fire insurance to bank bailouts, moral hazards abound in our economic landscape. Professor Robert Prentice has the details.

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Mentioned in this Article

Robert Prentice

Ed & Molly Smith Professor of Business Law McCombs School of Business, The University of Texas at Austin

Robert A. Prentice is interim chair of the Department of Business,...

About the Author

Kristen Maxwell

Digital Media Producer, McCombs School of Business

I tell stories with moving pictures and sound. Everything else is just details.

Comments

#1 I love the Lingo series.

Submitted by Roanna (not verified) on Thursday, May 17, 2012.

I love the Lingo series. Another great episode!

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