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Lingo: Moral Hazard

[1]
Teaser 

Separating behavior from consequences is a bad idea.

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.

Source URL: http://www.texasenterprise.utexas.edu/article/lingo-moral-hazard

Links:
[1] http://www.texasenterprise.utexas.edu/sites/texasenterprise.utexas.edu/files/moralhazard2012.png
[2] http://www.texasenterprise.utexas.edu/topics/economy
[3] http://www.texasenterprise.utexas.edu/topics/ethics
[4] http://www.texasenterprise.utexas.edu/topics/politics